Information about the Dollar to Naira rates at the official and black market exchange rate today November 20, 2021, can be accessed below.
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IMPORTANT NOTE: Please take note that the exchange rate changes by the hour, it depends on the volume of dollars available and the demands. Therefore, you can buy or sell $1 at ₦547 now and it can change (high or low) within hours.
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Read the latest news from Carmart.ng to get updates on the official dollar rates as well as Black Market rates, Bureau De Change(BDC) rates, and CBN rates.
How much is Dollar to Naira Exchange Rate Today Official Rate?
As of Friday, November 19, 2021, according to the data at the FMDQ Security Exchange where forex is traded officially, the exchange rate between the naira and the US dollar began at ₦413.55 per dollar on Sartuday after it closed at ₦414.80 to a dollar on Friday.
How much is the exchange rate of Dollar to Naira in the Black Market today?
According to sources at Bureau De Change, The exchange rate for $1 to naira at Lagos Parallel Market (Black Market) for Friday, November 20th sells at ₦540 per dollar and buy at ₦535 per dollar.
Take note that the Central Bank of Nigeria(CBN) does not recognize the black market as it has directed people who want to engage in Forex to go to their respective banks.
Trading at the NAFEX official window
The exchange rate between the naira and the US dollar opened at ₦413.55/$1 on Friday 19th November 2021 after closing at ₦414.80/$1.
| Dollar to Naira (USD to NGN) | Black Market Exchange Rate in Lagos |
| Buying | 535 |
| Selling | 540 |
Convert US Dollar to Nigerian Naira, November 20th, 2021.
| USD Dollar | Naira Equivalence |
| 1 USD | 410.84 NGN |
| 5 USD | 2,054.20 NGN |
| 10 USD | 4,108.40 NGN |
| 25 USD | 10,271.00 NGN |
| 50 USD | 20,542.00 NGN |
| 100 USD | 41,084.00 NGN |
Convert US Dollar to Nigerian Naira, November 20th, 2021 at Black Market.
| USD Dollar | Naira Equivalence in Black Market |
| 1 USD | 540 NGN |
| 5 USD | 2,700 NGN |
| 10 USD | 5,400 NGN |
| 25 USD | 13,500 NGN |
| 50 USD | 27,000 NGN |
| 100 USD | 54,000 NGN |
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