Exchange Rate Today: Naira to Dollar black market rate, 9 December 2021


This is the news about Dollar to Naira rate at the official and black market exchange rate Today December 9, 2021.

How Much Is Dollar To Naira Exchange Rate Today Official Rate?

The official rate today, Thursday December 9th, for $1 dollar to naira = ₦ 413.71$1.

According to the data at the FMDQ Security Exchange where forex is traded officially, exchange rate between the naira and the US dollar opened at ₦ 413.71/$1 on Thursday 9th, after it closed at ₦ 415.07 to a $1 on Wednesday, 8th December 2021.

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

The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N562 and sell for N567 on Thursday, December 9th 2021, according to sources at Bureau De Change (BDC).

Please note that the Central Bank of Nigeria (CBN) does not recognise the parallel market (black market), as it has directed individuals who want to engage in Forex to approach their respective banks.

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Trading at the official NAFEX window
The exchange rate between the naira and the US dollar opened at ₦ 413.71/$1 on 9th December 2021 after closing at ₦ 415.07/$ on the 8th of December.

According to data from FMDQ, forex turnover stands at $225.99 million.

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