Dollar To Naira Exchange Rate Today : See Black Market Rate & CBN Exchange Rate for December 15th, 2021

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Dollar to Naira Black Market Exchange Rate Today , Black Market Dollar To Naira Exchange Rate Today Naira to Dollar

The Dollar To Naira Exchange Rate Today Black Market at the official and Parallel market exchange rates today, 15th December 2021.

Here is the latest news from Ejes Gist News on the Dollar To Naira Exchange Rate Today Black Market, Bureau De Change (BDC) rates, as well as official dollar rate and Central Bank of Nigeria (CBN ) rates.

How Much Is  Exchange Rate Today Official Rate?

The official rate today, Monday   December 15th , for $1 dollar to naira = ₦413.87 /$.

According to data from the FMDQ Security, where forex is officially traded, the naira-to-dollar opened at ₦413.87/$ on Wednesday,  15th , after closing at ₦414.80/$1 on Tuesday Monday, December 13th, 2021.

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How much is exchange rate of Dollar to Naira in Black Market today in Nigeria?

The dollar is worth ₦570 naira today at the Lagos Parallel Market (Black Market), according to the current exchange rate. Players  buy a dollar for ₦565 naira and sell a dollar for ₦570, according to the current exchange rate at Bureau De Change (BDC).

The

The Central Bank of Nigeria (CBN) does not recognize the black market (also known as the parallel market) and encourages customers interested in trading foreign currencies to contact their local banks.

Trading at the NAFEX official window ( )

The exchange rate between the naira and the USD opened at ₦414.03/$ on 13th December 2021 and closed at ₦414.80/$1.

Dollar to Naira (USD to NGN) In Lagos
Buying 565
Selling 570

Click Here To See All Daily today black market 



The Nigerian Naira to Dollar parallel Market today in Rivers State December 15th (Parallel Market) sells at ₦571/1$, according to sources at Bureau De Change (BDC).


Dollar to Naira (USD to NGN) Black Market Dollar To Naira  Rate Today  in Port Harcourt
Buying Rate 565
Selling Rate 571

 

Convert US Dollar to Nigerian Naira Today, December 15th 2021. How much are 100 dollars in Naira? 

USD Dollar Conversion of Dollar Naira 
1 USD 413.87 NGN
10 USD 4,138.7 NGN
100 USD 41,387 NGN

 

Black Market Exchange Rate in Nigeria Today Range


Today 15th December  2021. The .


Dollar to Naira (USD to NGN) Black Market Exchange Rate in Nigeria  range
Buying Rate 560- 562
Selling Rate 565 – 570

Dollar To Naira Exchange Rate Today Black Market

xchange Rate of Dollar to Naira yesterday  Black Market  Closed at ₦572/$

is where you get your and Today Abokifx Naira Rate

Dollar to Naira (USD to NGN) Black Market Exchange Rate Yesterday
Buying Rate 560
Selling Rate 572

 

Forex turnover is $377.88 million, according to data from FMDQ.

Meanwhile, the Debt Management Office (DMO) confirmed on Tuesday that Nigeria’s public debt has increased to 38.005 trillion dollars, or $92.626 billion dollars.

The figure represents the nation’s public debt profile by the end of the third quarter of 2021, according to a statement on the DMO’s website.

Between June 30 and September 30, 2021, the total debt stock increased by 2.540 trillion dollars.

The figures include the Federal Government of Nigeria’s total external and domestic debts, as well as the debts of 36 state governments and the Federal Capital Territory.

“In line with its practice, the Debt Management Office has published Nigeria’s Total Public Debt as at September 30, 2021,” according to the statement titled “DMO publishes total public debt for Q3 2021.”

Nigeria’s Public Debt was 38.005 trillion dollars or $92.626 billion dollars at the end of Q3 2021, according to data from the Federal Government of Nigeria, 36 State Governments, and the Federal Capital Territory.

: See Black Market Rate & CBN Exchange Rate for December 15th, 2021

Forex turnover at the I&E window increased from $121.45 million on Tuesday 14th December 2021 to $377.88 million on Tuesday 14th December 2021, according to data tracked by Ejes Gist News from FMDQ.

The price of crude oil

Brent crude fell 1.23 percent to $72.79 per barrel on Tuesday evening, as the International Energy Agency reported that the global oil market has returned to surplus, while some countries tightened restrictions in an effort to curb the Omicron Covid-19 variant.

Oil prices fell for a third day as more restrictions were imposed to combat the spread of the omicron Covid-19 variant, while demand in China dwindled as Beijing clamped down on the virus, pollution, and rule-breakers.

Futures in New York fell below $70 per barrel, extending this week’s drop to more than 2%.

China, the world’s largest crude importer, is expected to have a subdued appetite in 2022, which will partially offset the seasonal increase in demand from refineries to replenish inventories.

The American Petroleum Institute (API) estimated the crude oil inventory draw to be 815,000 barrels this week.

The West Texas Intermediate crude oil price fell 1.27 percent to $69.83 per barrel. Natural gas rose 1.33 percent to $3,797 per thousand cubic feet, while the OPEC Basket fell 1.41 percent to $74.03 per barrel.

Nigerian crude Bonny Light, on the other hand, increased by 1.30 percent to $73.51 per barrel.

Keep an eye on .

Bitcoin, the world’s largest and most popular cryptocurrency, rose 3.60 percent to $48,308.04 after falling earlier on Tuesday as the Bank of England issued a warning about the risks of cryptocurrency.

The meme-based cryptocurrency Dogecoin rose over 20% in the early hours of Wednesday after Tesla Inc Chief Elon Musk said on Tuesday that the electric carmaker will accept Dogecoin as payment for merchandise on a trial basis, sending cryptocurrency prices up.

Dollar To Naira Exchange Rate Today : See Black Market Rate & CBN Exchange Rate for December 15th, 2021

According to popular data provider CoinGecko, the global cryptocurrency market capitalization today is $2.3 trillion, up 2.5 percent in the last 24 hours, and the total cryptocurrency trading volume in the last day is $118 billion.

Bitcoin has lost more than 30% of its value since hitting an all-time high of nearly $69,000 on November 10. Retail and institutional investors are increasingly dipping into crypto investments, according to proponents.

Meanwhile, Ethereum, the world’s second most valuable cryptocurrency by market capitalization, gained 4.02 percent to $3,861.62.

Reserves held outside the country

Nigeria’s external reserve fell by 0.04 percent to $40.888 billion on Friday, December 10th, 2021. This represents a $17 million decrease from the previous day’s total of $40.905 billion.

The apex bank’s continuous intervention in ensuring the exchange rate’s stability can be attributed to the country’s reserve level’s consistent decline.

It’s worth noting that the country’s foreign reserve increased by $5.99 billion in October as a result of the federal government raising $4 billion through the issuance of Eurobonds on the international debt market.

Nigeria’s external reserve fell by $633.47 million in November, compared to a gain of $5.99 million the previous month and a gain of $2.76 million in September 2021. The reserve gain for the year to date has dropped to $5.74 billion.

 

The Nigerian Naira is the currency of Nigeria. Our currency rankings show that the most popular Nigerian Naira exchange rate is the NGN to USD rate. The currency code for Nairas is NGN. And the currency symbol is ₦.

 

Check: How do I fund my eNaira wallet; Steps on How To Fund eNaira Wallet From Bank Account

Dollar To Naira Exchange Rate Today Black Market ( This Week )

As Ejes Gist News reports, during the first trading day of the week on Monday, December 6, 2021, in the Parallel Market, also known as the Black Market, the USD opened the week at ₦560. Since last Monday, when it opened at ₦558 Naira per dollar, there has been a 2 naira change in the exchange rate.

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First of Nigeria Plc Currency Exchange Rate is $1 = ₦480.00

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Zenith Bank Plc Currency Exchange Rate $1 = ₦481.00

Western Union USD to naira exchange rate today.

Western Union  Currency Exchange Rate $1 = ₦479.04

Wema bank USD to naira exchange rate today.

Wema Bank Plc Currency Exchange Rate is $1 = ₦480.00.

GTBank USD to naira exchange rate today

GTBank Bank Plc Currency Exchange Rate is $1 = ₦481.0

today.

UBA Bank of Nigeria Currency Exchange Rate $1 = ₦480.01

Access Bank USD to Naira exchange rate today

Access Bank PLC Currency Exchange Rate $1 = ₦480.09.

 

eNaira Currency ,Dollar To Naira Exchange Rate Today

 

The eNaira wallet was launched by the Federal Government, led by Central Bank Governor Godwin Emefiele, to facilitate transactions and support the Naira (₦).

 

Click here to learn more about the eNaira wallet.  eNaira wallet

 

The USD to Naira Black Market Calculator depends on the volume of dollars available in the black market.

Disclaimer:  The black market exchange rate of the US dollar to the Nigerian naira is regulated by supply and demand, but the CBN Nigeria Exchange Rate is determined by the CBN Governor and monetary policy.

In Nigeria, there is no uniform exchange rate.

Also, visit Ejes Gist News for Dollar to Naira exchange rate today black market as we will keep you updated with the latest updates on the Naira To Dollar Exchange Rate Today, Crude,  FX Market.

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