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Dollar to naira exchange rate today 20 November 2021

dollar to naira exchange rate

 

FELLOW PRESS brings you news on the dollar to naira exchange rate today 20 November 2021.

This update comprises of dollar to naira exchange at the Central Bank of Nigeria (CBN), official forex rate, and Black Market rate.

 

How much is Dollar to Naira Exchange at CBN Rate?

According to available data from the CBN, US dollar to naira exchange rate bought at ₦410.57 and sold at ₦411.57, making an average of  ₦411.07 for $1 on Thursday 18 November.

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

The official rate today, Thursday November 18, for $1 dollar to naira = ₦410.6591/$1.

The Financial Markets Dealers Quotations (FMDQ),which is the official security exchange where foreign currencies (FOREX) is traded between naira and dollar and other currencies.

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

According to Abuja Parallel Market as available with the Bureau De Change (BDC), US dollar to naira as at Wednesday November 17 opened at ₦535 to $1.

Although, the Central Bank of Nigeria (CBN) has warned individuals who need forex to approach commercial banks.

As at the start of the week Monday, November 15, 2021 Dollar has been traded at ₦410.7427.  This amounts to a 0.02% fall for Dollar to Naira exchange rate in FX markets for this week so far.

On a month review, US Dollar rate to naira started November at ₦410.5614 on Monday, November 01, 2021. With USD being traded at ₦410.6591 now, obviously naira has so far gained strength by 0.02% against US Dollar in FX markets for this November.

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