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NairaWatch: Tuesday’s parallel market exchange rate N485/$1

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Naira to Dollar

The exchange rate between Nigeria’s Naira and United States’ dollar as at today, Tuesday, March 16, stands at ₦485/$1 in the parallel market while the official rate of the Central Bank of Nigeria (CBN) stands at N379/$.

NairaWatch can report that the exchange rate on Monday, March 15, closed at ₦485/US$1 in the parallel market and the official rate of the CBN as well stood at N380/$1.

  • Naira: ₦485/379
  • Dollar: $1
  • Date: March 16th, 2021

The exchange rate between Nigeria’s Naira and British pound sterling at the parallel market as at today, Tuesday, March 16, stands at ₦676/₤1 and while the official rate of the Central Bank of Nigeria (CBN) stands at N523/₤1.

The exchange rate on Monday, March 15, also closed at ₦676/₤1 in the parallel market, and the official rate of the CBN stood at N515/₤1.

  • Naira: ₦676/523
  • Pounds Sterling: ₤1
  • Date: March 16th, 2021

The exchange rate between the local currency and European euro at the black market as at today, Tuesday, March 16, stands at ₦582/€1 while the exchange rate of the CBN stands at N460/€1.

The exchange rate on Monday, March 15, closed at ₦580/₤1 in the parallel market and the official rate of the CBN stood at N461/€1.

  • Naira: ₦582/460
  • Euro: €1
  • Date: March 15th, 2021

 

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