Finance

NairaWatch: Thursday’s parallel market exchange rate N485/$1

Published

11 months ago

December 3, 2020

The exchange rate between Nigeria’s Naira and United States’ dollar as at today, Thursday, December 3, stands at ₦485/$1 in the parallel market while the official rate of the Central Bank of Nigeria (CBN) stands N379/$.

NairaWatch can report that the exchange rate on Wednesday, December 2, closed at ₦485/US$1 in the parallel market and the official rate of the CBN also stood at N379/$1.

Naira: ₦485/379
Dollar: $1
Date: December 3rd, 2020

The exchange rate between Nigeria’s Naira and British pound sterling at the parallel market as at today, Thursday, December 3, stands at ₦635/₤1 and while the official rate of Central Bank of Nigeria (CBN) stands at N506/₤1.

The exchange rate on Wednesday, December 2, also closed at ₦635/₤1 in the parallel market and the official rate of the CBN as well stood at N506/₤1.

Naira: ₦635/506
Pounds Sterling: ₤1
Date: December 3rd, 2020

The exchange rate between the local currency and European euro at the black market as at today, Thursday, December 3, stands at ₦580/€1 while the exchange rate of the CBN stands at N456/€1.

The exchange rate on Wednesday, December 3, closed at ₦570/₤1 in the parallel market and the official rate of the CBN stood at N454€1.