The exchange rate between the Naira and the US dollar according to the data released on the FMDQ Security Exchange the official forex trading portal showed that the naira opened at N413.21 per dollar on Tuesday, September 21, 2021, after it closed at N413.68 per $1 on Monday, 20 September, 2021.
The Nigeria black market dollar exchange rate today for 21 September, to the Nigerian Naira is as follows:
The local currency opened at N573 per $1 at the parallel market also known as the black market, today, Tuesday, 21 September 2021, in Lagos Nigeria after it closed N575 per $1 on Monday, 20 September 2021. This represents ₦2 change from the previous day.
Black market players buy a dollar at N570 and sell for N573 on Tuesday, September 21, 2021 making a gain of N3.
Yesterday, Naira gained a N20 margin in the black market according to some BDC players. They however, gave a caveat that the price was as a result of the confusion occasioned by the suspension of rates report by AbokiFX and maintained that the price could go higher or lower based on market dynamics which eventually saw the Naira closing at N575 per $1 at the end of the trading day.
USD started this week at N575 in the Parallel Market also known as Black Market on Monday, September 20, 2021. A change of $26 dollars compared to last Monday when it opened at N549 per dollar.