Naira Crashes Against Dollar – Below is the comprehensive foreign exchange rates in Nigeria as of Tuesday, March 31, 2026. The table shows official market rates, parallel market rates, and mid-market indicative rates for major global currencies.
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Naira Crashes Against Dollar – Exchange Rates Table
| Currency | Official Market Rate (₦) | Parallel / Black Market Rate (₦) | Mid-Market / Indicative Rate (₦) |
|---|---|---|---|
| US Dollar (USD) | ₦1,380 – ₦1,385 | ₦1,405 – ₦1,420 | ₦1,400 |
| Euro (EUR) | ₦1,500 – ₦1,520 | ₦1,650 – ₦1,680 | ₦1,660 |
| British Pound (GBP) | ₦1,780 – ₦1,800 | ₦1,950 – ₦1,980 | ₦1,960 |
| Chinese Yuan (CNY) | ₦190 – ₦195 | ₦198 – ₦202 | ₦200 |
| Japanese Yen (JPY) | ₦10.2 – ₦10.5 | ₦10.8 – ₦11.2 | ₦11.0 |
| Canadian Dollar (CAD) | ₦1,010 – ₦1,030 | ₦1,070 – ₦1,100 | ₦1,085 |
| Swiss Franc (CHF) | ₦1,520 – ₦1,540 | ₦1,580 – ₦1,610 | ₦1,595 |
| Saudi Riyal (SAR) | ₦365 – ₦370 | ₦380 – ₦390 | ₦385 |
| UAE Dirham (AED) | ₦370 – ₦375 | ₦385 – ₦395 | ₦390 |
Market Notes
The official rate reflects transactions at the Nigerian Foreign Exchange Market (NFEM) regulated by the Central Bank of Nigeria. The parallel market rate represents Bureau de Change and street trading across major cities. The mid-market rate is a global benchmark used by international financial platforms.
Exchange rates may change during the day depending on demand, supply, and liquidity in the foreign exchange market. Readers are advised to confirm rates before carrying out transactions.
Source: FX market data and financial market reports, March 31, 2026.
Sojworldnews will continue to provide daily exchange rate updates and business news.
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