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NairaWatch: Naira drops marginally against US dollar, exchange rate – ₦475$1

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NairaWatch, Naira and Dollar

The exchange rate between Nigeria’s Naira and United States’ dollar as at today, Tuesday, January 12, 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 Monday, January 11, closed at ₦472/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: January 12th, 2020

 

The exchange rate between Nigeria’s Naira and British pound sterling at the parallel market as at today, Tuesday, January 12, stands at ₦635/₤1 and while the official rate of the Central Bank of Nigeria (CBN) stands at N515/₤1.

The exchange rate on Monday, January 11, also at ₦628/₤1 in the parallel market and the official rate of the CBN stood at N502/₤1.

  • Naira: ₦635/515
  • Pounds Sterling: ₤1
  • Date: January 12th, 2020

The exchange rate between the local currency and European euro at the black market as at today, Tuesday, January 12, stands at ₦582/€1 while the exchange rate of the CBN stands at N465/€1.

The exchange rate on Monday, January 11, closed at ₦575/₤1 in the parallel market and the official rate of the CBN stood at N465€1.

  • Naira: ₦582/465
  • Euro: €1
  • Date: January 12th, 2020

 

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