Below is the comprehensive exchange rate table for major international currencies.
SEE ALSO: Outrage As Viral Video Shows Sowore Confronted By Man In Suit After Criticism Of Alex Otti
Outrage As Nigerian Railway Corporation Spends ₦87Million On Eight Smart TVs, DSTV Installation
Naira Crumbles Against Dollar: Exchange Rates Table
| Currency | Official Market Rate (₦) | Parallel / Black Market Rate (₦) | Mid-Market / Indicative Rate (₦) |
|---|---|---|---|
| US Dollar (USD) | ₦1,395 – ₦1,410 | ₦1,440 – ₦1,460 | ₦1,400 |
| Euro (EUR) | ₦1,520 – ₦1,540 | ₦1,650 – ₦1,680 | ₦1,630 |
| British Pound (GBP) | ₦1,800 – ₦1,830 | ₦1,950 – ₦1,980 | ₦1,910 |
| Chinese Yuan (CNY) | ₦190 – ₦195 | ₦200 – ₦205 | ₦198 |
| Japanese Yen (JPY) | ₦10.2 – ₦10.5 | ₦10.8 – ₦11.1 | ₦10.9 |
| Canadian Dollar (CAD) | ₦1,020 – ₦1,040 | ₦1,080 – ₦1,100 | ₦1,060 |
| Swiss Franc (CHF) | ₦1,500 – ₦1,520 | ₦1,600 – ₦1,620 | ₦1,570 |
| Saudi Riyal (SAR) | ₦370 – ₦375 | ₦385 – ₦390 | ₦378 |
| UAE Dirham (AED) | ₦375 – ₦380 | ₦390 – ₦395 | ₦382 |
Market Notes
The official rate reflects transactions approved by the Central Bank of Nigeria and commercial banks. The parallel market rate shows Bureau de Change and street trading prices across major Nigerian cities.
The mid-market rate represents the global benchmark used by international financial platforms and may differ from local trading prices.
Exchange rates fluctuate daily due to demand, supply, foreign reserves, and global economic conditions. Readers should confirm rates before making transactions.
Sojworldnews will continue to provide daily updates on Nigeria’s foreign exchange market and economic trends.
Leave a Reply