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NairaWatch: Wednesday’s parallel market exchange rate – ₦443/$1

BY David Olalele

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

As at today, Wednesday, September 9, the exchange rate between the two currencies stands at ₦443US$1 in the parallel market.

Meanwhile, the exchange rate on Tuesday, September 8, closed at ₦445/US$1 in the parallel market.

  • Naira: ₦443
  • Dollar: $1
  • Date: September 9th, 2020

The exchange rate between the naira and the British pound sterling as at today, Wednesday, September 9, maintains its stand at ₦575/₤1 as it closed at ₦575/₤1 on Tuesday, September 8.

  • Naira: ₦575
  • Pounds Sterling: ₤1
  • Date: September 9th, 2020

The exchange rate between the naira and the European euro as at today, Wednesday, September 9, favours the local currency as it stands at ₦510/€1 while it closed at ₦515/€1 on Tuesday, September 8.

  • Naira: ₦510
  • Euro: €1
  • Date: September 9th, 2020