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Exchange Rates Table
| Currency | Official Market Rate (₦) | Parallel / Black Market Rate (₦) | Mid-Market / Indicative Rate (₦) |
|---|---|---|---|
| US Dollar (USD) | ₦1,400 – ₦1,410 | ₦1,440 – ₦1,455 | ₦1,412 |
| Euro (EUR) | ₦1,520 – ₦1,540 | ₦1,660 – ₦1,690 | ₦1,675 |
| British Pound (GBP) | ₦1,800 – ₦1,820 | ₦1,960 – ₦1,990 | ₦1,975 |
| Chinese Yuan (CNY) | ₦192 – ₦198 | ₦200 – ₦205 | ₦202 |
| Japanese Yen (JPY) | ₦9.8 – ₦10.2 | ₦10.5 – ₦10.9 | ₦10.7 |
| Canadian Dollar (CAD) | ₦1,020 – ₦1,040 | ₦1,080 – ₦1,100 | ₦1,090 |
| Swiss Franc (CHF) | ₦1,520 – ₦1,540 | ₦1,590 – ₦1,620 | ₦1,605 |
| Saudi Riyal (SAR) | ₦370 – ₦375 | ₦385 – ₦392 | ₦388 |
| UAE Dirham (AED) | ₦372 – ₦378 | ₦388 – ₦395 | ₦392 |
NAIRA VS USD, GBP, EURO: Market Notes
The official market rate reflects transactions within the Central Bank of Nigeria foreign exchange window. Meanwhile, the parallel market rate represents Bureau de Change and street trading rates across major cities.
The mid-market rate serves as a global benchmark and does not include transaction charges or local premiums. Exchange rates may change during the day depending on demand, supply, and liquidity.
Sojworldnews will continue to provide daily updates on Nigeria’s foreign exchange market and economic trends.
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