Black Market Dollar To Naira Exchange Rate Today 4th November 2021

Black Market Dollar To Naira Exchange Rate Today 4th November 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 Thursday 4th November 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 N414.49 per dollar on Thursday, November 4th, 2021, after it closed at 414.80 per $1 on Wednesday, November 3rd, 2021 which represents a change of 0.18%.

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 Thursday, November 4th, 2021 (BLACK MARKET)

Exchange rate of naira to dollar = N569/$1

The dollar opened at N569.00 per $1 at the Lagos parallel market also known as the black market, today, Thursday, 4th November 2021 compared to N570.00 it closed on Wednesday 3rd November 2021 which represented a change of $1 from the previous day.

According to other reports reaching us, in the Ikeja Parallel market, it opened at N568.00 per $1 at the parallel market also known as the black market, today, Thursday, 4th November 2021, in Lagos Nigeria, after it also closed N569.00 per $1 on Wednesday, 3rd November 2021. which represents a total change of $1 from the previous day.

While other reports coming from Ajah Lekki Parallel market, it also opened at N569.00 per $1 at the parallel market also known as the black market, today, Thursday, 4th November 2021, in Lagos Nigeria, after it closed N568.00 per $2 on Wednesday, 3rd November 2021. which represents a total change of $1 from the previous day.

Note: The Central Bank of Nigeria (CBN) does not recognise the parallel market (black market).

Trading at the official NAFEX window

The exchange rate gained against the US dollar on Wednesday, 3rd November 2021, to close at N414.8/$1 compared to N415.07/$ recorded in the previous trading session. This represents a 0.07% appreciation in the exchange rate.