DollarVsNaira Today March 12 – The Nigerian foreign exchange market continues to experience moderate fluctuations.
Below is a comprehensive snapshot of exchange rates for major global currencies as at Thursday, March 12, 2026.
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Exchange Rates Table
| Currency | Official Market Rate (₦) | Parallel / Black Market Rate (₦) | Mid-Market / Indicative Rate (₦) |
|---|---|---|---|
| US Dollar (USD) | ₦1,395 – ₦1,405 | ₦1,405 – ₦1,418 | ₦1,410 |
| Euro (EUR) | ₦1,520 – ₦1,540 | ₦1,640 – ₦1,670 | ₦1,655 |
| British Pound (GBP) | ₦1,820 – ₦1,845 | ₦1,940 – ₦1,970 | ₦1,955 |
| Chinese Yuan (CNY) | ₦190 – ₦195 | ₦200 – ₦205 | ₦202 |
| Japanese Yen (JPY) | ₦10.3 – ₦10.6 | ₦10.8 – ₦11.2 | ₦11.0 |
| Canadian Dollar (CAD) | ₦1,030 – ₦1,050 | ₦1,080 – ₦1,110 | ₦1,095 |
| Swiss Franc (CHF) | ₦1,540 – ₦1,560 | ₦1,610 – ₦1,640 | ₦1,625 |
| Saudi Riyal (SAR) | ₦370 – ₦375 | ₦380 – ₦390 | ₦385 |
| UAE Dirham (AED) | ₦375 – ₦380 | ₦390 – ₦400 | ₦395 |
Market Notes
The official rate reflects transactions in the Nigerian Foreign Exchange Market supervised by the Central Bank of Nigeria.
Meanwhile, the parallel market rate represents prices offered by Bureau De Change operators and informal forex traders across major cities.
The mid-market rate is the global benchmark used by international money transfer platforms and forex aggregators.
Exchange rates may vary slightly depending on location, demand, and transaction size.
DollarVsNaira Today.
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