Finance
NairaWatch: Wednesday’s parallel market exchange rate – ₦475/$1

The exchange rate between Nigeria’s Naira and United States’ dollar as at today, Wednesday, December 23, stands at ₦475/$1 in the parallel market while the official rate of the Central Bank of Nigeria (CBN) stands at N379/$.
NairaWatch can report that the exchange rate on Tuesday, December 22, closed at ₦476/US$1 in the parallel market and the official rate of the CBN as well stood at N379/$1.
Naira: ₦475/379
Dollar: $1
Date: December 23rd, 2020
The exchange rate between Nigeria’s Naira and British pound sterling at the parallel market as at today, Wednesday, December 23, stands at ₦632/₤1 and while the official rate of the Central Bank of Nigeria (CBN) stands at N502/₤1.
The exchange rate on Tuesday, December 22, closed at ₦630/₤1 in the parallel market and the official rate of the CBN as well stood at N513/₤1.
Naira: ₦632/502
Pounds Sterling: ₤1
Date: December 22nd, 2020
The exchange rate between the local currency and European euro at the black market as at today, Wednesday, December 23, stands at ₦580/€1 while the exchange rate of the CBN stands at N461/€1.
The exchange rate on Tuesday, December 22, closed at ₦577/₤1 in the parallel market and the official rate of the CBN stood at N464€1.
Naira: ₦580/461
Euro: €1
Date: December 23rd, 2020