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NairaWatch: Monday’s parallel market exchange rate – ₦455/$1

BY David Olalele

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Naira and Dollar parallel market

The exchange rate between the US dollar and Nigeria’s Naira has become a thing of the daily report as the two currencies always oppose each other in the global market.

As at today, Monday, September 14, the exchange rate between the two currencies stands at ₦455 US$1 in the parallel market.

Recall that the exchange rate on Friday, September 11, closed at ₦460/US$1 in the parallel market.

  • Naira: ₦455
  • Dollar: $1
  • Date: September 14th, 2020

The exchange rate between the naira and the British pound sterling as at today, Monday, September 14, stands at ₦585/₤1 but closed at ₦580/₤1 on Friday, September 11.

  • Naira: ₦585
  • Pounds Sterling: ₤1
  • Date: September 14th, 2020

The exchange rate between the naira and the European euro as at today, Monday, September 14, stands at ₦520/€1 but closed at ₦530/€1 on Friday, September 11.

  • Naira: ₦520
  • Euro: €1
  • Date: September 14th, 2020

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