Home » News » Business » Today Dollar To Naira exchange rate 10th, October 2021

Today Dollar To Naira exchange rate 10th, October 2021

by Naija News 247

This is the news about Dollar to Naira rate at the official and black market exchange rate Today October 11, 2021, NAIJANEWS247.

Read Naija News 247 update on the official dollar rates as well as Black Market rates, Bureau De Change (BDC) rates, and CBN rates.

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

The official rate today, Monday October 11, for $1 dollar to naira = ₦ 413.53/$1.

READ ALSO:  Nigeria Expecting 1130 Benin Bronzes From Germany

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 ₦ 413.53/$1 on Monday October 11, after it closed at N414.30 per $1 on Friday, 8 October 2021.

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) for today, Monday, October 11, opened at N575.00 to a $1.

READ ALSO:  UNIBEN Lecturer Rapes Final Year Student, Arrests By School Security

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.

Trading at the official NAFEX window

The official exchange rate showed that the naira continued its very slow appreciation against the US dollar.

You may also like

Leave a Comment

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy