Naira

Daily Naira Exchange Rates; Thursday, May 6, 2021

Naira depreciated further at the parallel market on Thursday as the local currency traded at N485 to a United States Dollar. The Nigerian Naira exchanged at N676 to a British Pound and N585 to a Euro as shown below.

Naira Black Market Exchange Rates

Morning * Midday** Evening *** Final Rates

Date	USD	GBP	EURO	YUAN	Canadian	Australian
NGN	BUY/SELL	BUY/SELL	BUY/SELL	BUY/SELL	BUY/SELL	BUY/SELL
06/05/2021	480/485	665/676	575/585	62/69	395/405	292/320

Bureau De Change Naira Rates

Date	USD	GBP	EURO
NGN	BUY/SELL	BUY/SELL	BUY/SELL
06/05/2021	475/482	663/676	575/587
06/05/2021	475/482	663/676	575/587

Central Bank of Nigeria’s Official Naira Rates

Date	Currency	Buying(NGN)	Central(NGN)	Selling(NGN)
5/5/2021	US DOLLAR	379	379.5	380
5/5/2021	POUNDS STERLING	527.4164	528.1122	528.808
5/5/2021	EURO	455.179	455.7795	456.38
5/5/2021	SWISS FRANC	414.9786	415.5261	416.0736
5/5/2021	YEN	3.4663	3.4708	3.4754
5/5/2021	CFA	0.6755	0.6855	0.6955
5/5/2021	WAUA	541.9723	542.6873	543.4023
5/5/2021	YUAN/RENMINBI	58.541	58.6186	58.6963
5/5/2021	RIYAL	101.0559	101.1892	101.3225
5/5/2021	SOUTH AFRICAN RAND	26.2771	26.3118	26.3464

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.