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NairaWatch: Tuesday’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, Tuesday, May 4, 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 Monday, May 3, 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 4th, 2021

The exchange rate between Nigeria’s Naira and British pound sterling at the parallel market as at today, Tuesday, May 4, stands at ₦675 while the official rate of the Central Bank of Nigeria (CBN) stands at N526/₤1.

The exchange rate on Monday, May 3, closed at ₦673/₤1 in the parallel market, and the official rate of the CBN stood at N526/₤1.

  • Naira: ₦675/526
  • Pounds Sterling: ₤1
  • Date: May 4th, 2021

The exchange rate between the local currency and the European euro at the black market as at today, Tuesday, May 4, stands at ₦586/€1 while the exchange rate of the CBN stands at N456/€1.

The exchange rate on Monday, April 3, stood at ₦585/₤1 in the parallel market and the official rate of the CBN stood at N456/€1.

  • Naira: ₦586/456
  • Euro: €1
  • Date: May 4th, 2021

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