This is the news about Dollar to Naira rate at the official and black market exchange rate Today December 15, 2021.
Read Naija News update on the official dollar rates as well as Black Market rates, Bureau De Change (BDC) rates, and CBN rates.
How Much Is Dollar To Naira Exchange Rate Today Official Rate?
The official rate today, Wednesday December 15th, for $1 dollar to naira = ₦413.87/$1.
According to the data at the FMDQ Security Exchange where forex is traded officially, exchange rate between the naira and the US dollar opened at ₦413.87/$1 on Wednesday 15th, after it closed at ₦414.80 to a $1 on Tuesday, 14th December 2021.
How much is exchange rate of Dollar to Naira in Black Market today?
The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N560 and sell at N563 on Wednesday, December 15th 2021, according to sources at Bureau De Change (BDC).
Please note that the Central Bank of Nigeria (CBN) does not recognise the parallel market (black market), as it has directed individuals who want to engage in Forex to approach their respective banks.
Trading at the official NAFEX window
The exchange rate between the naira and the US dollar opened at ₦413.87/$1 on 15th December 2021 after closing at 414.80/$ on 14th December. Showing a change of -0.04%.
According to data from FMDQ, forex turnover stands at $377.88 million.
Meanwhile, Nigeria’s public debt profile has risen to ₦38.005tn or $92.626bn the Debt Management Office (DMO) confirmed on Tuesday.
The DMO in a statement published on its website said the figure represents what the nation’s public debt profile will be by the end of the third quarter of 2021.
The total debt stock rose by ₦2.540tn in three months from June 30 to September 30, 2021.
Naija News understands the figures include the Total External and Domestic Debts of the Federal Government of Nigeria, thirty-six State Governments, and the Federal Capital Territory.
The statement titled ‘DMO publishes total public debt for Q3 2021’ reads in part: “In line with its practice, the Debt Management Office has published Nigeria’s Total Public Debt as at September 30, 2021. The Data which includes the Total External and Domestic Debts of the Federal Government of Nigeria, thirty-six State Governments and the Federal Capital Territory, shows that Nigeria’s Public Debt was ₦38.005tn or $92.626bn at the end of Q3 2021.”
This article was originally published on Naija News