The latest news on the US Dollar to Naira exchange rate today, 26 November 2021, Dollar to Naira today (black market exchange rate today) has been obtained.
Brand News Day Nigeria has obtained the official dollar to the naira exchange rate in Nigeria today including the Black Market rate, Bureau De Change (BDC) rate, and the CBN exchange rate today.
Black Market Dollar To Naira Exchange Rate for 26 November 2021 can be accessed below:
Dollar to Naira rate today, Friday, 26th November 2021 has been published by this reporter. Also, you can also see the dollar to naira official exchange rate today: $1 dollar to naira =₦413.71/$1.
Black Market Exchange Rate selling at N550/1$ and buying at N567/1$
How Much Is Dollar To Naira Today Official Rate?
The official rate today, Friday, November 26, for $1 dollar to naira = ₦413.71/$1.
According to the data at the FMDQ Security Exchange where forex is traded officially, the exchange rate between the naira and the US dollar opened at ₦413.71/$1 on Friday 26, after it closed at ₦415.07 to a $1 on Thursday, 25 November 2021.
How much is exchange rate of Dollar to Naira Black Market today?
The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) for today, Friday, November 26 is selling at N550/1$ and buying at N567/1$, according to sources at Bureau De Change (BDC).
Brand News Day Nigeria understands that 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.
Trading at the official NAFEX window
The exchange rate between the naira and the US dollar opened at ₦413.71/$1 on 26th November 2021 after closing at ₦415.07/$1 on Thursday 25. Showing a change of 0.03.
According to data from FMDQ, forex turnover stands at $98.07 million.
Meanwhile, the crash in equity capitalization by 0.31 percent at the close of trading on Thursday has seen investors at the Nigerian capital market lose N71.09 billion.
What You Should Know
- Brand News Day Nigeria learned that the equity capitalization crashed at the capital market from N22.56 trillion posted on Wednesday to N22.49 trillion on Thursday
- The All-Share Index was down by 136.25 basis points to close at 43,108.77 compared to 43,245.02 posted on Wednesday
- Investors parted with N4.21 billion in exchange for 266.11 million shares in 3,905 deals on Thursday, according to Ripples Nigeria
- This surpassed the 243.18 million shares worth N3.76 billion traded in 3,777 deals the previous day