Finance
NairaWatch: Wednesday’s parallel market exchange rate – ₦465/$1
BY David Olalele
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The way in which Nigeria’s Naira fluctuates in the parallel market is becoming alarming.
For instance, the exchange rate between the US dollar and the local currency stands at ₦465 US$1, today, Wednesday, September 16, in the parallel market.
- Naira: ₦465
- Dollar: $1
- Date: September 16th, 2020
The exchange rate between the naira and the British pound sterling as at today, Wednesday, September 16, stands at ₦600/₤1 but closed at ₦590/₤1 on Tuesday, September 15.
- Naira: ₦600
- Pounds Sterling: ₤1
- Date: September 16th, 2020
The exchange rate between the naira and the European euro as at today, Wednesday, September 16, stands at ₦535/€1 but closed at ₦530/€1 on Tuesday, September 15.
- Naira: ₦535
- Euro: €1
- Date: September 16th, 2020
