New Dollar To Naira Exchange Rate Emerges For Today Tuesday 19th 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, NAFEX window, and CBN rates for today Tuesday 19th 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 N414.73 per dollar on Tuesday, October 19th, 2021, after it closed at 414.46 per $1 on Monday, October 18th, 2021 which represents a change of -0.27%.
Exchange Rate of Dollar To Naira at the official NAFEX window
The exchange rate appreciated against the US dollar on Monday, 18th October 2021 to close the day at N414.73 to a dollar, representing a 1.66% gain compared to N415.07 recorded on Friday, 15th October 2021.
The opening indicative rate closed at N415.09/$1 on Friday, representing an N1.59 kobo fall compared to N414.5/$1 recorded in the previous trading day.
An exchange rate of N435.3 to a dollar was the highest rate recorded during intra-day trading before it settled at N415.07/$1, while it sold for as low as N404/$1 during intra-day trading, the same as recorded in the previous trading day.
Meanwhile, forex turnover at the official window surged by 165.8% on Friday, 15th October 2021.
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 19th, 2021 (BLACK MARKET)
Flippstak gathered that the dollar opened at N573.00 per $1 at the Lagos parallel market also known as the black market, today, Tuesday, 19th October 2021 compared to N572.00 it closed on Monday 18th October 2021 which represented a change of $1 from the previous day.
While in the Ikeja Parallel market, it opened at N570.00 per $1 at the parallel market also known as the black market, today, Tuesday, 19th October 2021, in Lagos Nigeria, after it closed N571.00 per $1 on Monday, 18th October 2021. which represents a total change of $1 from the previous day.
CBN Rates For Today
Source: cbn.gov.ng
| Date | Currency | Buying(NGN) | Central(NGN) | Selling(NGN) |
|---|---|---|---|---|
| 10/18/2021 | US DOLLAR | 409.89 | 410.39 | 410.89 |
| 10/18/2021 | POUNDS STERLING | 562.8609 | 563.5475 | 564.2341 |
| 10/18/2021 | EURO | 475.5544 | 476.1345 | 476.7146 |
| 10/18/2021 | SWISS FRANC | 443.6519 | 444.1931 | 444.7343 |
| 10/18/2021 | YEN | 3.5858 | 3.5901 | 3.5945 |
| 10/18/2021 | CFA | 0.7059 | 0.7159 | 0.7259 |
| 10/18/2021 | WAUA | 578.2483 | 578.9536 | 579.659 |
| 10/18/2021 | YUAN/RENMINBI | 63.7297 | 63.8079 | 63.8861 |
| 10/18/2021 | RIYAL | 109.2778 | 109.4111 | 109.5444 |
| 10/18/2021 | SOUTH AFRICAN RAND | 27.7258 | 27.7596 | 27.7934 |
Please 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.