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NairaWatch: Wednesday’s parallel market exchange rate N470/$1

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Naira and Dollar

The exchange rate between Nigeria’s Naira and United States’ dollar as at today, Wednesday, December 2, stands at ₦470/$1 in the parallel market while the official rate of the Central Bank of Nigeria (CBN) stands N380/$.

Meanwhile, NairaWatch can report that the exchange rate on Tuesday, December 1, closed at ₦500/US$1 in the parallel market and the official rate of the CBN also stood at N379/$1.

  • Naira: ₦470/380
  • Dollar: $1
  • Date: December 2nd, 2020

The exchange rate between Nigeria’s Naira and British pound sterling at the parallel market as at today, Wednesday, December 2, stands at ₦635/₤1 and while the official rate of Central Bank of Nigeria (CBN) stands at N506/₤1.

This medium can report that the exchange rate on Tuesday, December 1, closed at ₦635/₤1 in the parallel market and the official rate of the CBN stood at N506/₤1.

  • Naira: ₦635/506
  • Pounds Sterling: ₤1
  • Date: December 2nd, 2020

The exchange rate between the local currency and European euro at the black market as at today, Wednesday, December 2, stands at ₦590/€1 while the exchange rate of the CBN stands at N455/€1.

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

  • Naira: ₦570/454
  • Euro: €1
  • Date: December 2nd, 2020

 

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