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NairaWatch: Tuesday’s parallel market exchange rate N500$1

By David Oladele

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NairaWatch

The exchange rate between Nigeria’s Naira and United States’ dollar as at today, Tuesday, December 1, stands at ₦500/US$1 in the parallel market while the official rate of the Central Bank of Nigeria (CBN) stands N380/$

Meanwhile, NairaWatch can report that the exchange rate on Monday, November 30, closed at ₦500/US$1 in the parallel market and the official rate of the CBN also stood at N380/$1.

  • Naira: ₦500/380
  • Dollar: $1
  • Date: December 1st, 2020

The exchange rate between Nigeria’s Naira and British pound sterling at the parallel market as at today, Tuesday, December 1, stands at ₦650/₤1 and while the official rate of Central Bank of Nigeria (CBN) stands at N493/₤1.

This medium can report that the exchange rate on Monday, November 30, closed at ₦506/₤1 in the parallel market and the official rate of the CBN stood at N506/₤1.

  • Naira: ₦650/506
  • Pounds Sterling: ₤1
  • Date: December 1st, 2020

The exchange rate between the local currency and European euro at the black market as at today, Tuesday, December 1, stands at ₦590/€1 while the exchange rate of the CBN stands at N455/€1.

The exchange rate on Monday, November 30, closed at ₦580/₤1 in the parallel market and the official rate of the CBN stood at N506/€1

  • Naira: ₦590/455
  • Euro: €1
  • Date: December 1st, 2020

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