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NairaWatch: Naira Continues to appreciate, exchange rate – ₦457$1, ₦597/₤1

By David Oladele

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NairaWatch

Nigeria’s Naira has continued to appreciate against the United States’ dollar as the exchange rate between the two currencies as at today, Wednesday, October 7, stands at ₦457/US$1 in the parallel market.

Nairawatch had reported that the exchange rate on Tuesday, October 6, closed at ₦458/US$1 in the parallel market.

  • Naira: ₦457
  • Dollar: $1
  • Date: October 7th, 2020

This reliable medium can report that the exchange rate between Nigeria’s Naira and  British pound sterling as at today, Wednesday, October 7, stands at ₦597/₤1 but closed at ₦595/₤1 on Tuesday, October 5.

  • Naira: ₦597
  • Pounds Sterling: ₤1
  • Date: October 7th, 2020

Also, the exchange rate between the naira and the European euro as at today, Wednesday, October 7, stands at ₦540/€1 and also closed at ₦540/€1 on Tuesday, October 6.

  • Naira: ₦540
  • Euro: €1
  • Date: October 7th, 2020

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