Forex

Daily Naira Exchange Rates; Thursday December 10, 2020

Published

4 years ago

December 10, 2020

The Nigerian Naira gained slightly against the United States Dollar on Wednesday despite the pervasive forex scarcity.

The Naira gained N5 from N483 it exchanged to a US Dollar to N478 at the parallel market. While the local currency remained unchanged against other global counterparts.

Daily Naira Black Market Exchange Rates

Date	USD	GBP	EURO	YUAN	Canadian	Australian
NGN	BUY/SELL	BUY/SELL	BUY/SELL	BUY/SELL	BUY/SELL	BUY/SELL
09/12/2020	470/478	610/620	560/570	50/70	330/362	245/293
08/12/2020	470/483	610/620	560/570	50/70	330/362	245/293
07/12/2020	470/482	610/615	560/570	50/70	330/362	245/293
04/12/2020	465/475	615/625	560/570	50/70	330/362	245/293

Central Bank Official Naira Rates

Date	Currency	Buying(NGN)	Central(NGN)	Selling(NGN)
12/9/2020	US DOLLAR	379	379.5	380
12/9/2020	POUNDS STERLING	510.0961	510.7691	511.442
12/9/2020	EURO	459.1206	459.7263	460.332
12/9/2020	SWISS FRANC	426.4176	426.9802	427.5428
12/9/2020	YEN	3.6393	3.6441	3.6489
12/9/2020	CFA	0.6808	0.6908	0.7008
12/9/2020	WAUA	543.3841	544.1009	544.8178
12/9/2020	YUAN/RENMINBI	57.9493	58.0262	58.1031
12/9/2020	RIYAL	101.0263	101.1595	101.2928
12/9/2020	SOUTH AFRICAN RAND	25.4234	25.457	25.4905

Bureau De Exchange Naira Rates

Date	USD	GBP	EURO
NGN	BUY/SELL	BUY/SELL	BUY/SELL
09/12/2020	440/480	600/630	550/580
08/12/2020	440/480	565/635	530/582
07/12/2020	440/480	565/630	530/582
04/12/2020	440/480	565/630	530/580

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Samed Olukoya

Is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst and a published author on Yahoo Finance, Business Insider, Nasdaq, Entrepreneur.com, Investorplace, and other prominent platforms. With over two decades of experience in global financial markets, Olukoya is well-recognized in the industry.