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Exchange Rates Table
| Currency | Official Market Rate (₦) | Parallel / Black Market Rate (₦) | Mid-Market / Indicative Rate (₦) |
|---|---|---|---|
| US Dollar (USD) | ₦1,380 – ₦1,395 | ₦1,510 – ₦1,525 | ₦1,505 |
| Euro (EUR) | ₦1,520 – ₦1,540 | ₦1,700 – ₦1,740 | ₦1,735 |
| British Pound (GBP) | ₦1,820 – ₦1,845 | ₦2,020 – ₦2,060 | ₦2,040 |
| Chinese Yuan (CNY) | ₦190 – ₦195 | ₦205 – ₦210 | ₦208 |
| Japanese Yen (JPY) | ₦10.2 – ₦10.6 | ₦11.2 – ₦11.6 | ₦11.4 |
| Canadian Dollar (CAD) | ₦1,030 – ₦1,060 | ₦1,120 – ₦1,150 | ₦1,140 |
| Swiss Franc (CHF) | ₦1,520 – ₦1,550 | ₦1,650 – ₦1,690 | ₦1,675 |
| Saudi Riyal (SAR) | ₦365 – ₦372 | ₦395 – ₦405 | ₦400 |
| UAE Dirham (AED) | ₦370 – ₦378 | ₦400 – ₦410 | ₦405 |
Market Notes
The official exchange rate is set within the Central Bank of Nigeria (CBN) regulated window for banks and authorized dealers. Meanwhile, the parallel market rate reflects Bureau de Change (BDC) and informal market activity across the country.
In addition, the mid-market rate represents the global benchmark used by international financial platforms. It excludes local transaction charges and demand premiums.
Exchange rates change frequently due to demand, supply, and liquidity conditions. Therefore, individuals and businesses should confirm rates before carrying out foreign exchange transactions.
Nigeria Exchange Rates Today.
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