The naira traded slightly weaker against some global currencies, while the gap between official and parallel market rates remained relatively narrow.
Below is a comprehensive table showing the latest exchange rates for major international currencies.
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Latest Dollar, Pound, Euro Rates: Exchange Rates Table
| Currency | Official Market Rate (₦) | Parallel / Black Market Rate (₦) | Mid-Market / Indicative Rate (₦) |
|---|---|---|---|
| US Dollar (USD) | ₦1,384 – ₦1,392 | ₦1,390 – ₦1,400 | ₦1,395 |
| Euro (EUR) | ₦1,500 – ₦1,520 | ₦1,610 – ₦1,640 | ₦1,625 |
| British Pound (GBP) | ₦1,800 – ₦1,820 | ₦1,900 – ₦1,930 | ₦1,915 |
| Chinese Yuan (CNY) | ₦190 – ₦195 | ₦200 – ₦205 | ₦202 |
| Japanese Yen (JPY) | ₦10.2 – ₦10.5 | ₦11.0 – ₦11.3 | ₦11.1 |
| Canadian Dollar (CAD) | ₦1,020 – ₦1,040 | ₦1,080 – ₦1,110 | ₦1,095 |
| Swiss Franc (CHF) | ₦1,520 – ₦1,540 | ₦1,600 – ₦1,630 | ₦1,615 |
| Saudi Riyal (SAR) | ₦368 – ₦372 | ₦380 – ₦390 | ₦385 |
| UAE Dirham (AED) | ₦372 – ₦376 | ₦385 – ₦395 | ₦390 |
Market Notes
The official exchange rate is determined within the Nigerian Foreign Exchange Market (NFEM) and is used by banks and authorized dealers.
Meanwhile, the parallel market rate reflects prices quoted by Bureau De Change operators and informal traders across major Nigerian cities.
The mid-market rate represents the global benchmark used by international currency platforms. It excludes dealer margins and transaction fees.
Exchange rates may change during the day depending on demand, liquidity and trading activity. Therefore, actual buying or selling prices may differ slightly from the figures listed above.
Stay with Sojworldnews for verified daily exchange rate updates, economic news and financial insights.
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