Dollar To Naira Exchange Rate Today 5 October 2021 (Black Market Rate)

Dollar to Naira exchange rate today 5 October 2021, black market rate can be accessed below.

Newsone has obtained the official dollar to naira exchange rate in Nigeria today including the Black Market rates, Bureau De Change (BDC) rate, and CBN rates.

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

October 5 dollar to naira official exchange rate: $1 dollar to naira = N414.03

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 N414.03 per dollar on Tuesday, 5 October 2021, after it closed at N413.55 per $1 on Monday, 4 October 2021. This represents a change of 0.00%.

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

The Nigeria parallel market (black market dollar exchange rate today) to the Nigerian Naira is as follows: For the Lagos market (black market).

Dollar to Naira exchange rate today

Lagos parallel market (black market dollar exchange rate today)

The local currency opened at N575.00 per $1 at the parallel market otherwise known as the black market, today, Tuesday, 5 October 2021, in Lagos Nigeria after it closed N577.00 per $1 on Monday, 4 October 2021. This represents a change of $2 from last week.

Newsone Nigeria reports that the black market, the players buy a dollar for N572 and sell for N575 on Tuesday morning, October 5, 2021. after they bought N572 and sold N578 the previous day. This means the dollar to naira exchange rate changed its position from last Friday with $3.

Meanwhile, Newsone Nigeria reports that the USD started this week at ₦578 in Parallel Market also known as Black Market on Monday, October 4, 2021 in Lagos Nigeria.

Disclaimer: NEWSONE NIGERIA 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.