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NairaWatch: Naira maintains stability against US dollar, exchange rate – N470$1

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Naira to Dollar

Nigeria’s Naira has maintained its stability against the United States’ dollar for the whole week as the exchange rate as at today, Friday, January 8, stands at ₦470 US$1 in the parallel market while the official rate of the Central Bank of Nigeria (CBN) stands at N379/$.

NairaWatch can report that the exchange rate on Thursday, January 7, also closed at ₦470/US$1 in the parallel market and the official rate of the CBN as well stood at N379/$1.

  • Naira: ₦470/379
  • Dollar: $1
  • Date: January 8th, 2020

The exchange rate between Nigeria’s Naira and British pound sterling at the parallel market as at today, Friday, January 8, stands at ₦628/₤1 and while the official rate of the Central Bank of Nigeria (CBN) stands at N515/₤1.

The exchange rate on Thursday, January 7, also closed at ₦628/₤1 in the parallel market and the official rate of the CBN stood at N502/₤1.

  • Naira: ₦628/515
  • Pounds Sterling: ₤1
  • Date: January 8th, 2020

The exchange rate between the local currency and European euro at the black market as at today, Friday, January 8, stands at ₦573/€1 while the exchange rate of the CBN stands at N465/€1.

The exchange rate on Thursday, January 7, also closed at ₦570/₤1 in the parallel market and the official rate of the CBN stood at N465€1.

  • Naira: ₦573/465
  • Euro: €1
  • Date: January 8th, 2020

 

 

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