US Dollar To Naira Exchange Rate Today Monday 22nd November 2021

Trading at the official NAFEX window

The exchange rate at the Investors and Exporters window gained 0.07% to close at N414.8/$1 on Thursday, 18th November 2021 from N415.1/$1 recorded in the previous trading session.

• The opening indicative rate closed at N413.55/$1 on Friday, indicating a 36 kobo depreciation compared to N413.19/$1 recorded in the previous trading session.
• An exchange rate of N445.75 to a dollar was the highest rate recorded during intra-day trading before it settled at N414.4/$1, while it sold for as low as N405/$1 during intra-day trading.
• Forex turnover at the official window dropped further by 22.8% to $69.63 million on Friday.
• According to data tracked by Nairametrics from FMDQ, forex turnover at the I&E window decreased from $90.18 million recorded on Thursday 18th November 2021 to $69.63 million on Friday 19th November 2021.

Bureaux De Change (BDC) operators in Lagos told Infoexpert24 on Friday that the naira exchanged for N545 per dollar at the street market.

This represents N15 or 2.8 percent depreciation when compared to the N530 it traded last week.

IMPORTANT NOTE: Please 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 ₦547 and the price can change (high or low) within hours.