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NairaWatch: Thursday’s parallel market exchange rate – ₦465/$1

BY David Olalele

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Naira and Dollar parallel market

Nigeria’s Naira continues to fluctuate in the parallel market.

For instance, the exchange rate between the US dollar and the local currency stands at ₦465 US$1, today, Thursday, September 17, in the parallel market.

Recall that the exchange rate on Wednesday, September 16, also closed at ₦465/US$1 in the parallel market.

  • Naira: ₦465
  • Dollar: $1
  • Date: September 17th, 2020

The exchange rate between the naira and the British pound sterling as at today, Thursday, September 17, stands at ₦595/₤1 but closed at ₦600/₤1 on Wednesday, September 16.

  • Naira: ₦595
  • Pounds Sterling: ₤1
  • Date: September 17th, 2020

The exchange rate between the naira and the European euro as at today, Thursday, September 17, stands at ₦540/€1 but closed at ₦535/€1 on Wednesday, September 16.

  • Naira: ₦540
  • Euro: €1
  • Date: September 17th, 2020

ALSO READ  NairaWatch: Thursday’s parallel market exchange rate – ₦458$1, ₦597/₤1

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