Black Market Dollar To Naira Exchange Rate For Today 20th October 2021

Black Market Dollar To Naira Exchange Rate For Today 20th October 2021

We have compiled dollar-to-naira exchange rates in Nigeria today including the Black Market rates, Bureau De Change (BDC) rate, and CBN rates for today Wednesday 20th October 2021.

The exchange rate between the Naira and the US dollar according to the data posted on the FMDQ Security Exchange where forex is officially traded showed that the naira opened at N414.18 per dollar on Wednesday, October 20th, 2021, after it closed at 414.73 per $1 on Tuesday, October 19th, 2021 which represents a change of -0.07%.

Exchange Rate of Dollar To Naira in Black Market Today?

The Nigeria parallel market (black market dollar exchange rate today) to the Nigerian Naira is as follows: For the Lagos market (black market).

LAGOS PARALLEL MARKET RATES Wednesday, October 20th, 2021 (BLACK MARKET)

October 20th dollar to naira black market exchange rate: $1 dollar to naira = N575

The local currency opened at N575.00 per $1 at the Lagos parallel market also known as the black market, today, Wednesday, 20th October 2021 compared to N572.00 it closed on Tuesday 19th October 2021 which represented a change of $3 from the previous day.

In the black market, the players buy a dollar for N569 and sell for N575 on Wednesday morning, October 20, 2021, after they bought N567 and sold N572 the previous day. This means dollar to naira changed its position from the previous day.

Kindly Note: Flippstack does not set or determine forex rates. The official NAFEX rates are obtained from the website of the FMDQOTC. Parallel market rates (black market rates) are obtained from various sources including online media outlets. The rates you buy or sell forex may be different from what is captured in this article.