Information about the Dollar to Naira rates at the official and black market exchange rate today November 22, 2021, can be accessed below.
Read the latest news from Carmart to get updates on the official dollar rates as well as Black Market rates, Bureau De Change(BDC) rates, and CBN rates.
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.
Today’s Official Dollar to Naira Exchange Rate – Monday 22 November 2021.
As of Monday, November 22, 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 ₦413.53 per dollar on Friday after it closed at ₦414.10 to a dollar on Friday, 19 November 2021.
Today’s Black Market Dollar to Naira Exchange Rate – Monday 22 November 2021.
According to sources at Bureau De Change, The exchange rate for $1 to naira at Lagos Parallel Market (Black Market) for Monday, November 22nd sells at ₦555 per dollar and buy at ₦560 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 ₦413.53/$1 on Monday 22nd November 2021 after closing at ₦414.40/$1 on Friday.
| Dollar to Naira (USD to NGN) | Black Market Exchange Rate in Lagos |
| Buying | 555 |
| Selling | 560 |
Convert US Dollar to Nigerian Naira, Official Rate – Monday 22 November 2021.
| USD Dollar | Naira Equivalence |
| 1 USD | 413.53 NGN |
| 5 USD | 2,067.65 NGN |
| 10 USD | 4,135.30 NGN |
| 25 USD | 10,338.25 NGN |
| 50 USD | 20,676.50 NGN |
| 100 USD | 41,353.00 NGN |
Convert US Dollar to Nigerian Naira, Black Market – Monday 22 November 2021.
| USD Dollar | Naira Equivalence in Black Market |
| 1 USD | 560 NGN |
| 5 USD | 2,800 NGN |
| 10 USD | 5,600 NGN |
| 25 USD | 14,000 NGN |
| 50 USD | 28,000 NGN |
| 100 USD | 56,000 NGN |
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