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Exchange Rates Table
| Currency | Official Market Rate (₦) | Parallel / Black Market Rate (₦) | Mid-Market / Indicative Rate (₦) |
|---|---|---|---|
| US Dollar (USD) | ₦1,345 – ₦1,360 | ₦1,430 – ₦1,440 | ₦1,432 |
| Euro (EUR) | ₦1,470 – ₦1,485 | ₦1,630 – ₦1,660 | ₦1,655 |
| British Pound (GBP) | ₦1,760 – ₦1,780 | ₦1,920 – ₦1,950 | ₦1,930 |
| Chinese Yuan (CNY) | ₦182 – ₦188 | ₦192 – ₦198 | ₦195 |
| Japanese Yen (JPY) | ₦9.8 – ₦10.2 | ₦10.5 – ₦10.8 | ₦10.6 |
| Canadian Dollar (CAD) | ₦995 – ₦1,015 | ₦1,060 – ₦1,080 | ₦1,070 |
| Swiss Franc (CHF) | ₦1,460 – ₦1,480 | ₦1,560 – ₦1,590 | ₦1,575 |
| Saudi Riyal (SAR) | ₦355 – ₦360 | ₦375 – ₦380 | ₦378 |
| UAE Dirham (AED) | ₦360 – ₦365 | ₦380 – ₦385 | ₦382 |
Market Notes
The official rate is set by the Central Bank of Nigeria (CBN) for banks and authorized dealers. Meanwhile, the parallel market rate reflects prices from Bureau de Change operators and street traders.
In addition, the mid-market rate represents a global benchmark used by international currency platforms. It does not include local premiums or transaction charges.
Exchange rates often change during the day due to demand, supply, and liquidity levels. Therefore, readers should confirm current rates before making foreign exchange transactions.
Nigerian Naira Exchange Rates.
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