Connect with us

Business

US Dollar To Naira Exchange Rate Today 20 December 2021 (Black Market Rate)

Published

on

US Dollar To Naira Exchange Rate Today 20 December 2021 (Black Market Rate)

US Dollar to Naira exchange rate for Monday 20th December 2021, the black market rate can be accessed below.

Infoexpert24 has obtained the official dollar-to-naira exchange rate in Nigeria today, and the Black Market rates,Bureau De Change (BDC) rate, andCBN rates.

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

The official rate today, Monday, December 20th, for $1 dollar to naira = ₦/$1.

According to FMDQ Security Exchange where forex is officially traded, the official exchange rate between the naira and the US dollar opened at ₦/$1 on Monday, December 20, 2021, after it closed at ₦415.07 to a $1 on Friday, December 18th, 2021.

Advertisement
US Dollar To Naira Exchange Rate Today 20 December 2021 (Black Market Rate)

US Dollar To Naira Exchange Rate Today 20 December 2021 (Black Market Rate)

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

The exchange rate for a dollar to naira at Lagos and Abuja Parallel Market (Black Market) for today, Monday, December 20th sells atN570/1$, and buy at ₦565according to enquiring made by Infoexpert24from the Bureau De Change (BDC) this morning.

Though, the Central Bank of Nigeria (CBN) does not recognize the parallel market (black market), as it has directed individuals who want to engage in Forex to approach their respective banks.

The exchange rate between the naira and the US dollar opened at ₦413.83/$1 on Friday, December 18, 2021, and closed at ₦415.07/$1 on the same day. Showing a change of-0.07. According to data from FMDQ.

IMPORTANT NOTE: Note that the exchange rate changes hourly.… it depends on the volume of dollars available and the demands. What it means is that…you can buy or sell 1 dollar at ₦565 to ₦575 and the price can change (high or low ) within hours.

Advertisement
Facebook Comments
Erik ten Hag set to pay the price for Man United disastrous season [Full details]
Sports1 day ago

Erik ten Hag set to pay the price for Man United disastrous season [Full details]

What Mikel Arteta said to Mauricio Pochettino after Arsenal thrashed Chelsea 5-0
Sports1 day ago

What Mikel Arteta said to Mauricio Pochettino after Arsenal thrashed Chelsea 5-0

Mauricio Pochettino Fumes Over Chelsea Duo in Dressing Room 'Leak' Saga
Sports2 weeks ago

Mauricio Pochettino Fumes Over Chelsea Duo in Dressing Room ‘Leak’ Saga

Supercomputer's Latest Premier League Title Prediction Rocks Arsenal Fans
Sports2 weeks ago

Favourite to win the Premier League title emerge as supercomputer makes new prediction

'Fear' and Agitation in Chelsea Camp as Mauricio Pochettino shares Cole Palmer's injury update
Sports2 weeks ago

‘Fear’ and Agitation in Chelsea Camp as Mauricio Pochettino shares Cole Palmer’s injury update

Cristiano Ronaldo Creates Opportunity for Jose Mourinho's Next Move as Pochettino Awaits Chelsea's Decision
Sports3 weeks ago

Cristiano Ronaldo Creates Opportunity for Jose Mourinho’s Next Move as Pochettino Awaits Chelsea’s Decision

Manchester United Fumes Over Their Player's Disheartening Treatment
News4 weeks ago

Manchester United Fumes Over Their Player’s Disheartening Treatment

More Woes For Man City Ahead of Arsenal Game As Another Key Player Picks Up Injury
Sports4 weeks ago

More Woes For Man City Ahead of Arsenal Game As Another Key Player Picks Up Injury

Fraud Alert: Fidelity Bank Staff Faces Trial For Alleged Embezzlement of Customer's N2.7 Billion
Crime4 weeks ago

Fraud Alert: Fidelity Bank Staff Faces Trial For Alleged Embezzlement of Customer’s N2.7 Billion

Princess of Wales, Kate Middleton announces she has cancer [Video]
News1 month ago

Princess of Wales, Kate Middleton announces she has cancer [Video]

Arsenal's Injury Dilemma Ahead of Showdown Against Manchester City Revealed
Sports1 month ago

Arsenal’s Injury Dilemma Ahead of Showdown Against Manchester City Revealed

Former Chelsea Manager Antonio Conte Linked With A Surprise Return To Stamford Bridge Amid Mauricio Pochettino Looming Sack
Sports1 month ago

Former Chelsea Manager Linked With A Surprise Return To Stamford Bridge Amid Mauricio Pochettino Looming Sack

Top 5 Tuition-Free Universities for Nigerians Who Want To Study Abroad in 2024
Education1 month ago

Top 5 Tuition-Free Universities for Nigerians Who Want To Study Abroad in 2024

Manchester City Sweats As Their Key Player Seen Injured Ahead of Arsenal Clash
News1 month ago

Manchester City Sweats As Their Key Player Seen Injured Ahead of Arsenal Clash

News1 month ago

No Reprisal Attacks in Delta Community After Killing of Troops — Says Defence Headquarters