NIGERIA CURRENCY (NAIRA) STILL DEPRECIATE AGAINST DOLLAR (SLIGHTLY)

Daily Naira Exchange Rate – Parallel Market

NGN	USD	GBP	EUR
	Buy/Sell	Buy/Sell	Buy/Sell
28/04/2017	385 / 390	480 / 485	410 / 415
27/04/2017	378 / 390	485 / 495	410/ 415
26/04/2017	380 / 385	485 / 495	410/ 420
19/04/2017	390 / 400	490 / 500	410 / 425
Naira Exchange Rates – Parallel Market Lagos. *Prevelant Rate – Could be slightly higer or lower based on vendor.

The Parallel Market, The Naira Depreciated Slightly Against Dollar

Trading and foreign marketers at the interbank window saw the naira close at N305.85 to the dollar. News bear it that Nigerian currency (Naira) to Pound Sterling and the Euro traded at N495 and N415 and it has lost of two points to close at N390 to the dollar. Nigerian currency (Naira) was sold at N362, while the Pound Sterling and the Euro closed at N490 and N420respectively at the Bureau De Change (BDC) window. As the CBN sustained liquidity boost at the BDC subsector Chat Conversation End, hopeful, Traders at the market are keeping their fingers crossed that the naira would bounce back and their Businesses will go in the proper direction. However,Nigerian currency (Naira)appreciated at the investment and export window, as it closed at N379.04, from the N379.89 it opened earlier yesterday.

* POUNDS TO NAIRA

* DOLLER TO NAIRA

* EURO TO NAIRA

*WESTERN UNION

*MONEY GRAM

*ALL EXCHANGE ARE IN BLACK MARKET  REATE

	LOCATION	BANK	RATE	CURRENCY
13/04/2017	Online	Access	₦ 325	USD
13/04/2017	Online	GTB	₦ 320	GBP
13/04/2017	P.O.S	GTB	₦347	EUR
13/04/2017	P.O.S	Access	₦406	GBP
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
24/04/2017	90 / 100	640 / 660	650 / 700
23/04/2017	90 / 100	640 / 660	650 / 700
22/04/2017	90 / 100	640 / 660	650 / 700

                                      WESTERN UNION (RECEIVING)​

NGN	USD	GBP	EUR
24/04/2017	355.00	449.79	372.01
23/04/2017	355.00	450.17	372.84

                                     MONEY-GRAM (RECEIVING)

NGN	USD	GBP	EUR
13/04/2017	353.23	449.61	377.99
12/04/2017	353.23	439.35	374.70

                                   CBN EXCHANGE RATES

NGN	USD	GBP	EUR
24/3/2017	306.05	378.47	349.99
23/3/2017	306.10	382.59	324.65