Black market dollar to naira exchange rate today 4th November 2021 can be accessed below.

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 ₦560 and the price can change (high or low ) within hours.

The Publisher Nigeria gathered that the official dollar to naira exchange rate in Nigeria today including the Black Market rates, Bureau De Change (BDC) rate, and CBN rates.

November 4 dollar to naira official exchange rate: $1 dollar to naira =₦413.76
The exchange rate between the Naira and the US dollar according to the data posted on the FMDQ Security Exchange where forex is officially traded showed that the naira opened at ₦414.49 per dollar on Thursday, 4 November 2021, after it closed at ₦414.80 per $1 on Wednesday, 3 November 2021. This represents a change of 0.18%.

The Nigeria parallel market (black market dollar exchange rate today) to the Nigerian Naira is as follows: For the Lagos market (black market).

LAGOS PARALLEL MARKET RATES November 4, 2021 (BLACK MARKET): dollar to naira exchange rate today black market

November 4 dollar to naira black market exchange rate: $1 dollar to naira = ₦567
Lagos parallel market (black market dollar exchange rate today)
The local currency opened at N560.00 per $1 at the parallel market otherwise known as the black market, today, Thursday, 4 November 2021, in Lagos Nigeria after it closed N567.00 per $1 on Wednesday, 3 November 2021.

Note: dollar to naira exchange rate has stabilized at N565-575 per $1 since Monday, October 11. This is coming after CBN vs Aboki FX clash over the dollar to naira black market exchange rate.

Even though the dollar to naira opened in the parallel market at ₦560 per $1 today, Newsone reports that the Central Bank of Nigeria (CBN) does not recognise the parallel market, otherwise known as the black market. The apex bank has therefore directed anyone who requires forex to approach their bank, insisting that the I&E window is the only known exchange.

 

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