Nigeria Business & Finance Updates

Naira Exchange Rates

Daily Naira/Dollar/Pounds/Euro Exchange Rates

Naira/DollarNaira/PoundNaira/Euro
(NGN/USD)(NGN/GBP)(NGN/EUR)
DateBuy/SellBuy/SellBuy/Sell
January 22, 2020359/362475/479 395 / 400
January 21, 2020360/362475/479 395 / 400
January 20, 2020360/362473/477 395 / 400
January 17, 2020360/362474/478 395 / 400
January 16, 2020360/362474/477 397 / 401

The parallel market rates represent the average rate from various black market dealers on the Lagos mainland and island.

There may be a N2/3 differential between Island and Mainland rates.

Central Bank of Nigeria (CBN) / Interbank Rates

Naira/DollarNaira/PoundNaira/Euro
(NGN/USD)(NGN/GBP)(NGN/EUR)
DateBuy/SellBuy/SellBuy/Sell
January 22, 2020 306.95400.87340.89
January 21, 2020 306.95400.82340.89
January 20, 2020 306.95 399.82 341.05
January 17, 2020 306.90400.93342.53
January 16, 2020 306.90400.49342.23

The Interbank rates show the current CBN exchange rates and official interbank rates. There are about 6 Forex windows maintained by the CBN each with a different exchange rate.

The windows are: