Dollar To Naira Exchange Rate Today August 16, Official/ Black Market Rates

Dollar to Naira exchange rate today August 16, official/ black market rates can be accessed below.

Newsone has obtained a 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)?

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 N411.42 per dollar on Monday, August 16, 2021, after it closed at 410.80 per $1 on Friday, August 13, 2021. This represents a change of 0.04%.

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:

According to abokiFX.com, the local currency opened at N515.00 per $1 at the parallel market otherwise known as the black market, today, Monday, August 16, 2021, in Lagos Nigeria after it closed N515.00 per $1 on Friday, August 13, 2021. This represents a change of $0 from last week.

Quotes:* morning**midday***evening

NGN	USD BUY / SELL	GBP BUY / SELL	EUR BUY / SELL
16/08/2021	508 / 515*	695 / 703*	590 / 600*
13/08/2021	508 / 515	695 / 703	590 / 600
12/08/2021	507 / 515	695 / 702	590 / 598
11/08/2021	507 / 515	695 / 703	590 / 596

Newsone Nigeria reports that the data published on abokiFX.com, which is known as the “official black market rate“, showed that at the black market, the players buy a dollar for N508 and sell for N515 on Monday morning, August 16, 2021.

Meanwhile, Newsone Nigeria reports that the USD started this week at ₦515 in Parallel Market also known as Black Market on Monday, August 16, 2021. A change of $7 dollars compared to last Monday when it opened at N508 per dollar.