Black Market Rate

Daily Naira Exchange Rates; Monday December 14, 2020

Published

4 years ago

December 15, 2020

Naira Remained Unchanged Against US DOllar, Slides Further Against Pound, Euro

Naira exchange rate to a United States Dollar remained unchanged on Monday at the black market while the local currency plunged against the British Pound and the Euro as shown in the table below.

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
14/12/2020	470/475	620/628	570/580	55/68	340/362	250/295
11/12/2020	470/475	615/625	570/580	50/65	340/362	245/293
10/12/2020	470/476	612/624	567/577	50/65	330/362	245/293
09/12/2020	470/478	610/620	560/570	50/70	330/362	245/294
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

Bureau De Exchange Naira Rates

Date	USD	GBP	EURO
NGN	BUY/SELL	BUY/SELL	BUY/SELL
14/12/2020	460/477	615/630	565/580
12/12/2020	460/480	610/630	550/580
11/12/2020	450/480	600/630	550/580
10/12/2020	450/480	600/630	550/580
09/12/2020	450/480	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

Central Bank Of Nigeria Official Naira Rates

Date	Currency	Buying(NGN)	Central(NGN)	Selling(NGN)
12/14/2020	US DOLLAR	379	379.5	380
12/14/2020	POUNDS STERLING	509.0349	509.7065	510.378
12/14/2020	EURO	460.864	461.472	462.08
12/14/2020	SWISS FRANC	428.0068	428.5714	429.1361
12/14/2020	YEN	3.653	3.6578	3.6627
12/14/2020	CFA	0.6816	0.6916	0.7016
12/14/2020	WAUA	542.945	543.6613	544.3776
12/14/2020	YUAN/RENMINBI	57.9103	57.9872	58.064
12/14/2020	RIYAL	101.037	101.1703	101.3036
12/14/2020	SOUTH AFRICAN RAND	25.2881	25.3214	25.3548

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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.