Report have it that dollar continue to crash at the parallel market, better known as “black market” as at Monday morning.
The United States currency loses against Nigerian Naira on Monday, November 1, 2021 at black market across the country.
In the official report, dollar is now traded at N565 naira per dollar with Bureau De Change (BDC) traders buying @N555 per $1 as at 9:15 am on Monday morning according to GoldenNewsNg.
It is important to note that, exchange rate of both currencies changes hourly and depends on volume of dollars available and demands.
This means that exchange rate of $1 today is N565 naira although, the price can still fluctuate within hours.
As BDC traders reportedly brought dollar at 555 naira per $1 and sold at 565 naira per 1$ on Monday morning, naira opened at N414.12 on Monday after closing at N415.10 according to data available on FMDW security exchange.
Exchange rate of dollar to naira in black market today, November 1, 2021.
The reports states that, exchange rate of dallar to naira today, November 1 in black market is sold for N569 naira per $1 after buying for N555 on Monday morning….read more on Olainfo and drop your comments
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