Daily Naira Exchange Rate – Parallel Market

RATING FOR MORNING (*), MIDDAY (**) &  EVENING (***)

NGN dollar to nairaUSD pounds to nairaGBP EUR
  Buy/Sell Buy/Sell Buy/Sell
08/11/2017 360/363* 469/473 415/420
07/11/2017 360/363  470/475 416/420
06/11/2017 360/363 470/475 416/421
Naira Exchange Rates – Parallel Market Lagos. *Prevalent Rate – Could be slightly higher or lower based on vendor.360/363*



Forex Market Get Boosts With $195 By The Central Bank Of Nigeria (CBN)

This is to inform the general public that on Monday, the Central Bank of Nigeria (CBN) boosted the Foreign Exchange (FOREX) market by 195 million dollars intervention in three segments of the market.

This statement was made in Abuja on that same Monday by the CBN the Acting Director, Corporate Communications Department, Mr Isaac Okorafor, who also said that in the wholesale segment of the inter-bank foreign exchange market, the bank auctioned 100m dollars and also intervened in the Small and Medium Enterprises (SMEs) with 50 million dollars and the invisible segments was also offered 45 million dollars intervention.

The intervention in the new week followed the major intervention last week which was;
* 462 million dollars
* 336 million dollars
* 426.74 million dollars

Of which about;
* 267 million dollars was offered for the Retail Secondary Market Intervention Sales (SMIS), while
* 100 million dollars was offered as wholesale interventions.

The Small and Medium Enterprises (SMEs) forex window got;
* 50 million dollars while
* 45 million dollars was offered for
the invisibles which included Business/Personal Travel Allowances, tuition and medical fees.

According to Mr Okorafor “leadership of CBN was upbeat with the positive impact its current foreign exchange management was having on the manufacturing sector, agriculture and economic activities across the country and reiterated the CBN governor’s desire to achieve stability and ultimately ensure convergence of rates in the market.

 WORLD  MAJORS  CURRENCY   RATES   OVER VIEW  

 CURRENCIES

 

GBP £ EUR € USD $ JPY ¥
United Kingdom(1) GBP
N/A 1.1376 1.3589 150.62 
United States (1)USD
0.7356 0.8372 N/A
110.78
EuropeaN Union(1)EUR
0.8784 N/A 1.1941
132.350
Australia (1)  AUD
0.5886 0.6698 0.8001
88.86
Canada (1)  CAD
0.6035 0.6867 0.8203
90.92
China (1) CNY
0.1122 0.1277 0.1526
16.909
Japan ( 1 ) JPY
0.0066 0.0076 0.009
N/A
Switzerland ( 1 ) CHF
0.7662 0.872 1.0416
115.45
 Foreign exchange rates of major world currencies. Compare key cross rates and currency exchange rates of U.S. Dollars, Euros, British Pounds, and others.

*ALL EXCHANGE ARE IN BLACK MARKET  RATE

PLEASE SEND US YOUR ATM RATES FOR PUBLISHING

SEND: DATE, LOCATION, BANK, RATE, CURRENCY

BANK ATM RATES

CURRENT                            LOWEST/HIGHEST                             SEPTEMBER

  LOCATION BANK RATE CURRENCY
27/09/2017 online Access ₦ 375  USD
26/09/2017 online Skye ₦ 292
AUD
26/09/2017 online GTB ₦ 438
EUR
26/09/2017 online Ecobank ₦ 449
EUR
Naira Exchange Rates – Parallel Market Lagos. *Prevelant Rate – Could be slightly higer or lower based on vendor.

 




Despite the fact that Pounds Sterling is not the only powerful currency fluctuating against the Naira, currencies like the Dollar and Euro also do flucate against Naira. Below are Pounds to Naira Rate today in black market and official exchange Rate of GB Pound to NG Naira.

DAILY NAIRA EXCHANGE RATE – PARALLEL(XOF – CFA FRANC)(BENIN CFA – COT)(XAF – CENTRAL AFRICAN CFA FRANC)(CAMEROON CFA – CAM)

 NGN GHS XAF XOF
  Buy/Sell Buy/Sell Buy/Sell
20/09/2017 75 / 85 600 / 615 630/ 650
19/09/2017 75 / 85 600 / 610 630/ 650
18/09/2017 75 / 85 600/610 630 / 650

                                      WESTERN UNION (RECEIVING)​

 NGN USD GBP EUR
20/10/2017 355.00 472.10 415.57
19/10/2017 355.00 465.73 413.44


                                     MONEY-GRAM (RECEIVING)

 NGN USD GBP EUR
15/09/2017 353.23 474.40 421.68
05/09/2017 353.23 461.40 420.09

                                   CBN EXCHANGE RATES

 NGN USD GBP EUR
14/09/2017 305.95 415.39 365.70
15/09/2017 305.95 408.11 363.77