Dollar to naira, on Monday, November 1, 2021, opened at N414.12 at the Investors & Exporters FX window ( I&E FX Window), where the currencies officially trade.
According to the data at the FMDQ Security Exchange where forex is traded officially, dollar to naira exchange rate at N414.12/$1 on Monday, and closed at ₦415.10 on the same day.
This development represented a drop as dollar to naira opened at N414.49 on Friday, October 29, after it closed at N415.10/$1, a day before (Thursday, October 28).
How much is dollar to naira at black market today?
Sources at the black market where dollar to naira trades unofficially, confirmed to Unmask NG that it sold for N572/$1 on Monday, November 1.
Please note that the Central Bank of Nigeria (CBN) does not recognise the black market, as it advised everyone to approach their respective banks for forex-related dealings.