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Dollar To Naira Exchange Rate For Today 27 October 2021

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By Samantha Allen
Published: October 27, 2021 | 11:56 AM GMT

Today’s official dollar to naira exchange rate in Nigeria, including the Bureau De Change (BDC) and Central Bank of Nigeria (CBN) rates.

What Is Today’s Official Dollar to Naira Exchange Rate?

According to data published on the FMDQ Security Exchange, the official forex trading portal, the Naira started at 414.44 per dollar on Wednesday, October 27, 2021, after closing at 415.10 per dollar on Tuesday, October 26, 2021.

In the parallel market, the dollar to naira exchange rate is

Even though the dollar opened in the parallel market for ₦570 per $1 today, the 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.

“The only exchange rate remains the I&E window, which is the market we expect everybody who wishes to procure or sell forex to get it,” said the CBN Governor, Godwin Emefiele.

“I am sorry to say that I do not, and I do not intend to recognise any FX in the market.
“Go to your bank. Even if your limit is above what the bank is selling, put it forward, and we will look into it. If you want to sell the dollar, go to your bank and sell it,” he said during a press briefing on September 17, 2021.

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About Samantha Allen

Samantha Allen is a seasoned journalist and senior correspondent at TDPel Media, specializing in the intersection of maternal health, clinical wellness, and public policy. With a background in investigative reporting and a passion for data-driven storytelling, Samantha has become a trusted voice for expectant mothers and healthcare advocates worldwide. Her work focuses on translating complex medical research into actionable insights, covering everything from prenatal fitness and neonatal care to the socioeconomic impacts of healthcare legislation. At TDPel Media, Samantha leads the agency's health analytics desk, ensuring that every report is grounded in accuracy, empathy, and scientific integrity. When she isn't in the newsroom, she is an advocate for community-led wellness initiatives and an avid explorer of California’s coastal trails.