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

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NairaWatch

The exchange rate between Nigeria’s Naira and United States’ dollar as at today, Friday, May 7, stands at ₦485/$1 in the parallel market while the official rate of the Central Bank of Nigeria (CBN) stands at N380/$.

NairaWatch can report that the exchange rate on Thursday, May 6, also closed at ₦485/US$1 in the parallel market and the official rate of the CBN as well stood at N380/$1.’

  • Naira: ₦485/380
  • Dollar: $1
  • Date: May 7th, 2021

The exchange rate between Nigeria’s Naira and British pound sterling at the parallel market as at today, Friday, May 7, stands at ₦675 while the official rate of the Central Bank of Nigeria (CBN) stands at N526/₤1.

The exchange rate on Thursday, May 6, also closed at ₦675/₤1 in the parallel market, and the official rate of the CBN stood at N526/₤1.

  • Naira: ₦675/526
  • Pounds Sterling: ₤1
  • Date: May 7th, 2021

The exchange rate between the local currency and the European euro at the black market as at today, Friday, May 7, stands at ₦585/€1 while the exchange rate of the CBN stands at N456/€1.

The exchange rate on Thursday, April 6, also stood at ₦585/₤1 in the parallel market and the official rate of the CBN stood at N456/€1.

  • Naira: ₦585/456
  • Euro: €1
  • Date: May 7th, 2021

 

 

 

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  1. Pingback: NairaWatch: Friday’s Parallel Market Exchange Rate N485/$1 | Techvalley

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