VANTAGE NEWS is pleased to bring to you news about Dollar to Naira rate both at the official and black market exchange rate Today December 16, 2021.
Today’s Official Rate Of Dollar To Naira Exchange
The official rate today, Thursday December 16, is $1 dollar to naira = ₦414.13/$1.
The exchange rate between the naira and the US dollar opened at ₦414.13/$1 on Thursday, December 16 after it closed at ₦414.25 to a $1 on Wednesday, December 15, 2021, going by the data at the FMDQ Security Exchange where forex is traded officially.
READ ALSO: Dollar To Naira Exchange Rate Today, Wednesday December 15, 2021
Today’s Dollar To Naira Exchange At Black Market
Information from Bureau De Change (BDC) indicates that exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) sees players buy a dollar for N564 and sell for N567 on Thursday morning, December 16, 2021.
Trading At The Official NAFEX Window
The exchange rate between the naira and the US dollar opened at ₦414.13/$1 on 16th December 2021 after closing at ₦414.25/$1 on December 13th. This shows a difference of -0.06.
Data from FMDQ shows that forex turnover stands at $177.60 million.
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