Exchange Rate Of Dollar To Naira Today Monday 18th October 2021

Exchange Rate Of Dollar To Naira Today Monday 18th October 2021

Welcome to Flippstack, 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 Monday 18th October 2021.

The Exchange Rate of Dollar To Naira Today

Flippstack gathered that 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 N414.46 per dollar on Monday, October 18th, 2021, after it closed at 415.07 per $1 on Friday, October 15th, 2021 which represents a change of -0.15%.

What is the Exchange Rate of Dollar To Naira in Black Market Today?

The Nigeria black market dollar exchange rate today to the Nigerian Naira is as follows:

LAGOS PARALLEL MARKET RATES Monday, October 18th, 2021 (BLACK MARKET)

Flippstak gathered that the dollar opened at N572.00 per $1 at the Lagos parallel market also known as the black market, today, Monday, 18th October 2021 compared to N571.00 it closed on Friday 15th October 2021 which represented a change of $1 from the previous day.

Note: The Central Bank of Nigeria (CBN) does not recognize the parallel market, otherwise known as the black market. The apex bank has therefore directed anyone who requires forex to approach their bank, insisting that the I&E window is the only known exchange.

According to other reports reaching us, in the Ikeja Parallel market, it opened at N571.00 per $1 at the parallel market also known as the black market, today, Monday, 18th October 2021, in Lagos Nigeria, after it closed N570.00 per $1 on Friday, 15th October 2021. which represents a total change of $1 from the previous day.

While other reports coming from Ajah Lekki Parallel market, it opened at N572.00 per $1 at the parallel market also known as the black market, today, Monday, 18th October 2021, in Lagos Nigeria, after it closed N569.00 per $1 on Friday, 15th October 2021. which represents a total change of $3 from the previous day.

Disclaimer: 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.