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Exchange Rates Table
| Currency | Official Market Rate (₦) | Parallel / Black Market Rate (₦) | Mid-Market / Indicative Rate (₦) |
|---|---|---|---|
| US Dollar (USD) | ₦1,372 – ₦1,385 | ₦1,470 – ₦1,490 | ₦1,462 |
| Euro (EUR) | ₦1,510 – ₦1,530 | ₦1,700 – ₦1,735 | ₦1,728 |
| British Pound (GBP) | ₦1,820 – ₦1,845 | ₦2,010 – ₦2,050 | ₦2,032 |
| Chinese Yuan (CNY) | ₦188 – ₦194 | ₦200 – ₦206 | ₦203 |
| Japanese Yen (JPY) | ₦10.3 – ₦10.7 | ₦11.2 – ₦11.6 | ₦11.4 |
| Canadian Dollar (CAD) | ₦1,025 – ₦1,050 | ₦1,095 – ₦1,125 | ₦1,112 |
| Swiss Franc (CHF) | ₦1,510 – ₦1,535 | ₦1,620 – ₦1,655 | ₦1,642 |
| Saudi Riyal (SAR) | ₦365 – ₦370 | ₦388 – ₦395 | ₦392 |
| UAE Dirham (AED) | ₦370 – ₦376 | ₦392 – ₦400 | ₦396 |
Market Notes
The official exchange rate is determined within the Central Bank of Nigeria (CBN) regulated market. The parallel market rate reflects prices from Bureau de Change operators and street traders. Meanwhile, the mid-market rate is a global benchmark used by international platforms.
Exchange rates change frequently due to demand, liquidity, and economic conditions. Therefore, readers should confirm rates before carrying out any transaction.
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