
Exchange rates today May 30 2026 Nigeria — The Nigerian naira traded within a relatively stable range against major foreign currencies on Saturday, May 30, 2026, despite continued demand pressures in the foreign exchange market.
Market participants reported steady activity across both the official and parallel market segments. The US dollar remained the most sought-after foreign currency, while the euro and British pound continued to trade at higher levels against the naira.
Analysts say recent efforts to improve forex liquidity have helped moderate volatility in the market. However, demand from importers, travelers, and businesses continues to influence exchange rate movements.
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Nigeria Exchange Rates Today – Saturday, May 30, 2026
| Currency | Official Market Rate (₦) | Parallel / Black Market Rate (₦) | Mid-Market / Indicative Rate (₦) |
|---|---|---|---|
| US Dollar (USD) | ₦1,375 – ₦1,382 | ₦1,395 – ₦1,405 | ₦1,379 |
| Euro (EUR) | ₦1,595 – ₦1,610 | ₦1,620 – ₦1,640 | ₦1,605 |
| British Pound (GBP) | ₦1,875 – ₦1,890 | ₦1,900 – ₦1,920 | ₦1,885 |
| Chinese Yuan (CNY) | ₦191 – ₦194 | ₦196 – ₦201 | ₦193 |
| Japanese Yen (JPY) | ₦9.9 – ₦10.2 | ₦10.5 – ₦10.9 | ₦10.1 |
| Canadian Dollar (CAD) | ₦1,085 – ₦1,100 | ₦1,105 – ₦1,125 | ₦1,095 |
| Swiss Franc (CHF) | ₦1,605 – ₦1,620 | ₦1,625 – ₦1,645 | ₦1,615 |
| Saudi Riyal (SAR) | ₦366 – ₦371 | ₦376 – ₦384 | ₦369 |
| UAE Dirham (AED) | ₦373 – ₦377 | ₦383 – ₦392 | ₦376 |
Market Insight
The foreign exchange market continues to benefit from improved liquidity and stronger confidence among investors. Consequently, the gap between official and parallel market rates has remained relatively narrow compared to previous years.
Furthermore, analysts expect the naira to remain broadly stable if foreign exchange inflows from oil exports and non-oil sectors continue to improve.
Important Notice
Exchange rates may vary depending on location, transaction volume, and Bureau de Change operators. Therefore, the figures above should be regarded as indicative market averages.
Stay with Sojworldnews for verified daily exchange rate updates, business news, and economic analysis.
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