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NairaWatch: Naira depreciates against US dollar, exchange rate – ₦466$1

By David Oladele

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NairaWatch

Nigeria’s Naira has depreciated against the United States’ dollar as the exchange rate as at today, Thursday, November 12, stands at ₦466 US$1 in the parallel market.

Meanwhile, NairaWatch can report that the exchange rate on Wednesday, November 11, closed at ₦465/US$1 in the parallel market.

  • Naira: ₦466
  • Dollar: $1
  • Date: November 12th, 2020

The exchange rate between Nigeria’s Naira and British pound sterling as at today, Thursday, November 12, stands at ₦600/₤1 but closed at ₦596/₤1 on Wednesday, November 11.

  • Naira: ₦600
  • Pounds Sterling: ₤1
  • Date: November 12th, 2020

The exchange rate between the local currency and European euro as at today, Thursday, November 12, stands at ₦545/€1 but closed at ₦543/€1 on Wednesday, November 11

  • Naira: ₦545
  • Euro: €1
  • Date: November 12th, 2020

ALSO READ  NairaWatch: Thursday's parallel market exchange rate N521/$1

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