Nigeria exchange rates today Nigeria – The Nigerian foreign exchange market opened on Wednesday, April 29, 2026, with the naira showing mixed performance across the official and parallel markets.
At the official market, the naira traded within a relatively stable range against major global currencies. Meanwhile, the parallel market continued to reflect strong demand for foreign currencies, especially the US dollar, euro, and British pound.
Below is a comprehensive table of today’s exchange rates for major currencies in Nigeria.
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Nigeria Currency News Today April 29 2026: Exchange Rates Table
| Currency | Official Market Rate (₦) | Parallel / Black Market Rate (₦) | Mid-Market / Indicative Rate (₦) |
|---|---|---|---|
| US Dollar (USD) | ₦1,365 – ₦1,375 | ₦1,390 – ₦1,400 | ₦1,375 |
| Euro (EUR) | ₦1,540 – ₦1,565 | ₦1,600 – ₦1,640 | ₦1,585 |
| British Pound (GBP) | ₦1,800 – ₦1,835 | ₦1,836 – ₦1,885 | ₦1,820 |
| Chinese Yuan (CNY) | ₦187 – ₦191 | ₦193 – ₦198 | ₦189 |
| Japanese Yen (JPY) | ₦9.50 – ₦9.90 | ₦10.10 – ₦10.60 | ₦9.75 |
| Canadian Dollar (CAD) | ₦995 – ₦1,020 | ₦1,016 – ₦1,026 | ₦1,010 |
| Swiss Franc (CHF) | ₦1,610 – ₦1,640 | ₦1,660 – ₦1,700 | ₦1,650 |
| Saudi Riyal (SAR) | ₦363 – ₦368 | ₦372 – ₦380 | ₦366 |
| UAE Dirham (AED) | ₦371 – ₦376 | ₦380 – ₦388 | ₦374 |
Market Highlights
- The naira remained relatively stable in the official market.
- Demand for foreign exchange stayed strong in the parallel market.
- The gap between official and black market rates narrowed slightly.
- Oil prices and foreign reserve levels continue to influence market sentiment.
What These Rates Mean
The official market rate is regulated by the Central Bank of Nigeria through the Nigerian Foreign Exchange Market.
In contrast, the parallel market rate reflects prices offered by Bureau de Change operators and street traders.
Meanwhile, the mid-market rate serves as a global benchmark. It represents the average between buying and selling rates in international currency markets.
Important Notice
Exchange rates may vary depending on location, transaction size, and market conditions. Therefore, you should always confirm the current rate with your bank or licensed Bureau de Change before making any transaction.
Stay with Sojworldnews for daily exchange rate updates, business news, and economic analysis.
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