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NairaWatch: Naira plunges further against US dollar, exchange rate – N480/$1

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Naira and Dollar

The exchange rate between Nigeria’s Naira and United States’ dollar as at today, Tuesday, February 23, stands at ₦480/$1 in the parallel market while the official rate of the Central Bank of Nigeria (CBN) stands at N379/$.

NairaWatch can report that the exchange rate on Friday, February 22, also closed at ₦480/US$1 in the parallel market and the official rate of the CBN as well stood at N380/$1.

  • Naira: ₦480/379
  • Dollar: $1
  • Date: February 23th, 2020

 

The exchange rate between Nigeria’s Naira and British pound sterling at the parallel market as at today, Tuesday, February 23, stands at ₦660/₤1 and while the official rate of the Central Bank of Nigeria (CBN) stands at N523/₤1.

The exchange rate on Monday, February 22, also at ₦660/₤1 in the parallel market, and the official rate of the CBN stood at N515/₤1.

  • Naira: ₦660/523
  • Pounds Sterling: ₤1
  • Date: February 23th, 2020

 

The exchange rate between the local currency and European euro at the black market as at today, Tuesday, February 23, stands at ₦580/€1 while the exchange rate of the CBN stands at N460/€1.

The exchange rate on Monday, February 22, also closed at ₦580/₤1 in the parallel market and the official rate of the CBN stood at N461/€1.

  • Naira: ₦580/460
  • Euro: €1
  • Date: February 23th, 2020

 

ALSO READ  NairaWatch: Thursday’s parallel market exchange rate – ₦467/$1, ₦600/₤1
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  1. Pingback: NairaWatch: Naira plunges further against US dollar, exchange rate – N480/$1 - 9jaheadies

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