Black Market Exchange Rate Of Dollar To Naira Today, 8th October 2021 can be found below.
Eye9ja has obtained the official dollar to the naira exchange rate in Nigeria today, including the Bureau De Change (BDC) rate and CBN rates.
BREAKING: Naira Recovers Significantly Amid Low US Dollar Demand
What Is The Official Exchange Rate For Dollar To Naira Today?
The exchange rate between the Naira and the US dollar according to the data released on the FMDQ Security Exchange the official forex trading portal showed that the Naira opened at ₦414.44 per dollar on Friday, 08 October 2021, after it closed at ₦414.67 per $1 on Thursday, 07 October 2021.
Exchange Rate of Dollar To Naira in The Parallel Market
Even though the dollar opened in the parallel market for ₦577 per $1 today, the CBN does not recognize the parallel market, otherwise known as the black market. The apex bank has therefore directed anyone who requires forex to approach their bank, insisting that the I&E window is the only known exchange.