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Exchange Rates Table
| Currency | Official Market Rate (₦) | Parallel / Black Market Rate (₦) | Mid-Market / Indicative Rate (₦) |
|---|---|---|---|
| US Dollar (USD) | ₦1,360 – ₦1,378 | ₦1,470 – ₦1,490 | ₦1,455 |
| Euro (EUR) | ₦1,500 – ₦1,520 | ₦1,690 – ₦1,730 | ₦1,720 |
| British Pound (GBP) | ₦1,800 – ₦1,830 | ₦2,000 – ₦2,040 | ₦2,015 |
| Chinese Yuan (CNY) | ₦188 – ₦192 | ₦198 – ₦205 | ₦202 |
| Japanese Yen (JPY) | ₦10.2 – ₦10.6 | ₦11.0 – ₦11.4 | ₦11.2 |
| Canadian Dollar (CAD) | ₦1,020 – ₦1,045 | ₦1,090 – ₦1,120 | ₦1,105 |
| Swiss Franc (CHF) | ₦1,500 – ₦1,530 | ₦1,610 – ₦1,650 | ₦1,635 |
| Saudi Riyal (SAR) | ₦365 – ₦372 | ₦385 – ₦395 | ₦392 |
| UAE Dirham (AED) | ₦370 – ₦378 | ₦390 – ₦400 | ₦397 |
Market Notes
The official rate is determined within the Central Bank of Nigeria regulated FX window. The parallel market rate reflects Bureau de Change and informal market trades. Meanwhile, the mid-market rate represents global benchmark prices used by international FX platforms.
Exchange rates may change during the day due to demand, liquidity levels, and market sentiment. Therefore, readers should confirm the exact rate before making any transaction.
Stay with Sojworldnews for daily verified Exchange rates in Nigeria and other economic news.
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