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Exchange Rates Table
| Currency | Official Market Rate (₦) | Parallel / Black Market Rate (₦) | Mid-Market / Indicative Rate (₦) |
|---|---|---|---|
| US Dollar (USD) | ₦1,480 – ₦1,500 | ₦1,580 – ₦1,600 | ₦1,565 |
| Euro (EUR) | ₦1,610 – ₦1,630 | ₦1,720 – ₦1,750 | ₦1,735 |
| British Pound (GBP) | ₦1,880 – ₦1,910 | ₦2,050 – ₦2,090 | ₦2,070 |
| Chinese Yuan (CNY) | ₦205 – ₦210 | ₦215 – ₦220 | ₦218 |
| Japanese Yen (JPY) | ₦10.8 – ₦11.2 | ₦11.5 – ₦12.0 | ₦11.8 |
| Canadian Dollar (CAD) | ₦1,080 – ₦1,100 | ₦1,150 – ₦1,180 | ₦1,165 |
| Swiss Franc (CHF) | ₦1,600 – ₦1,630 | ₦1,700 – ₦1,740 | ₦1,720 |
| Saudi Riyal (SAR) | ₦395 – ₦400 | ₦410 – ₦420 | ₦415 |
| UAE Dirham (AED) | ₦400 – ₦405 | ₦415 – ₦425 | ₦420 |
Market Notes
The official rate is set by the Central Bank of Nigeria (CBN) for banks and authorized dealers. The parallel market rate reflects Bureau de Change (BDC) and street-level trading. Meanwhile, the mid-market rate serves as a global benchmark and excludes local premiums.
Exchange rates change frequently due to demand, supply, and market liquidity. Therefore, readers should confirm rates before making any foreign exchange transactions.
GBP EURO USD VS Nigerian Naira.
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