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NairaWatch: Naira appreciates at the parallel market, exchange rate – ₦458$1, ₦595/₤1

BY David Oladele

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naira exchange rate

Nigeria’s Naira has continued to appreciate against the United States’ dollar as the exchange rate between the two currencies as at today, Tuesday, October 6, stands at ₦458/US$1 in the parallel market.

Meanwhile, Nairawatch had reported that the exchange rate on Monday, October 5, closed at ₦460/US$1 in the parallel market.

  • Naira: ₦458
  • Dollar: $1
  • Date: October 6th, 2020

This reliable medium can report that Nigeria’s Naira also appreciated against the British pound sterling as the two currencies at today, Tuesday, October 6, stands at ₦595/₤1 but closed at ₦600/₤1 on Monday, October 5.

  • Naira: ₦595
  • Pounds Sterling: ₤1
  • Date: October 6th, 2020

Also, the exchange rate between the naira and the European euro as at today, Tuesday, October 6, stands at ₦540/€1 but closed at ₦545/€1 on Monday, October 5.

  • Naira: ₦540
  • Euro: €1
  • Date: October 6th, 2020

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