News update on Dollar to Naira rate at the official and black market exchange rate Today November 2nd 2021. The official dollar rates as well as Black Market rates, Bureau De Change (BDC) rates, and CBN rates.
How Much Is Dollar To Naira Exchange Rate Today Official Rate?
As of today, Tuesday, November 2, FMDQ Security Exchange disclosed that $1 to naira = ₦414.26/$11 at the official market after it closed at ₦414.98 to a $1 on Monday, 2 November 2021.
Exchange Rate In Black Market Today
The exchange rate at Lagos Parallel Market (Black Market) for today, Tuesday, November 2nd sells at N572/1$, according to sources at Bureau De Change (BDC).
NB: The Central Bank of Nigeria (CBN) does not recognise the parallel market (black market).
READ ALSO: Dollar To Naira Exchange Rate Today 1st November 2021
Trading at the official NAFEX window
The exchange rate between the naira and the US dollar opened at ₦414.26/$1 on 2 November, 2021 after closing at ₦414.98/$1. Showing a change 0.03.
According to data from FMDQ as at Tuesday November 2nd 2021, forex turnover stands at $160.64 million.
