Finance
NairaWatch: Tuesday’s parallel market exchange rate N500$1
By David Oladele
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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
