Dollar To Naira Exchange Rate Today 17 November 2021

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Naira
Naira Crashes To Dollars Again

Brand Spur Nigeria has obtained the latest dollar to naira rate at the official and black market exchange rate for today November 17, 2021.

Official dollar rates as well as Black Market rates, Bureau De Change (BDC) rates, and CBN rates can be accessed below.

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

The official rate today, Wednesday, November 17, for $1 dollar to naira = ₦413.74/$1.

According to the data at the FMDQ Security Exchange where forex is traded officially, the exchange rate between the naira and the US dollar opened at ₦413.74/$1 on Wednesday 17, after it closed at ₦415.10 to a $1 on Tuesday, 16 November 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, Wednesday, November 17th sells between N535 and N540/1$, according to sources at Bureau De Change (BDC).

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 exchange rate between the naira and the US dollar opened at ₦413.74/$1 on 17th November 2021 after closing at ₦415.10/$1 on November 16th. Showing a change of -0.20%.

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According to data from FMDQ, forex turnover stands at $62.53 million.