Black Market Rate

Daily Naira Exchange Rates; Monday December 14, 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

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.

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