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NairaWatch: Anxiety as naira plunges further against US dollar, exchange rate – N482/$1

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NairaWatch

The exchange rate between Nigeria’s Naira and United States’ dollar as at today, Monday, March 1, stands at ₦482/$1 in the parallel market while the official rate of the Central Bank of Nigeria (CBN) stands at N379/$.

NairaWatch can report that the exchange rate on Friday, February 26, also closed at ₦482/US$1 in the parallel market and the official rate of the CBN as well stood at N380/$1.

  • Naira: ₦482/379
  • Dollar: $1
  • Date: March 1st, 2021

The exchange rate between Nigeria’s Naira and British pound sterling at the parallel market as at today, Monday, March 1, stands at ₦673/₤1 and while the official rate of the Central Bank of Nigeria (CBN) stands at N523/₤1.

The exchange rate on Friday, February 26, at ₦672/₤1 in the parallel market, and the official rate of the CBN stood at N515/₤1.

  • Naira: ₦673/523
  • Pounds Sterling: ₤1
  • Date: March 1st, 2021

The exchange rate between the local currency and European euro at the black market as at today, Monday, March 1, stands at ₦583/€1 while the exchange rate of the CBN stands at N460/€1.

The exchange rate on Friday, February 26, also closed at ₦583/₤1 in the parallel market and the official rate of the CBN stood at N461/€1.

  • Naira: ₦583/460
  • Euro: €1
  • Date: March 1st, 2021

 

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  1. Pingback: NairaWatch: Anxiety as naira plunges further against US dollar, exchange rate – N482/$1 - 9jaheadies

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