Finance

NairaWatch: Wednesday’s parallel market exchange rate – ₦483/$1

Published

5 months ago

December 9, 2020

The exchange rate between Nigeria’s Naira and United States’ dollar as at today, Wednesday, December 9, stands at ₦483/$1 in the parallel market while the official rate of the Central Bank of Nigeria (CBN) stands at N379/$.

NairaWatch can report that the exchange rate on Tuesday, December 8, also closed at ₦483/US$1 in the parallel market and the official rate of the CBN as well stood at N379/$1.

Naira: ₦483/379
Dollar: $1
Date: December 9th, 2020

The exchange rate between Nigeria’s Naira and British pound sterling at the parallel market as at today, Wednesday, December 9, stands at ₦620/₤1 and while the official rate of Central Bank of Nigeria (CBN) stands at N505/₤1.

The exchange rate on Tuesday, December 8, also closed at ₦615/₤1 in the parallel market and the official rate of the CBN as well stood at N503/₤1.

Naira: ₦620/505
Pounds Sterling: ₤1
Date: December 9th, 2020

The exchange rate between the local currency and European euro at the black market as at today, Wednesday, December 9, stands at ₦570/€1 while the exchange rate of the CBN stands at N459/€1.

The exchange rate on Tuesday, December 8, also closed at ₦570/₤1 in the parallel market and the official rate of the CBN stood at N459€1.