Naira
Exchange Rate in Nigeria Today; Thursday, June 24, 2021
The Nigerian Naira exchange rates to the United States Dollar and other currencies remained pressured as economic uncertainties amid weak macro-economic fundamentals continue to weigh on the currency outlook.
The local currency traded at N500 to a United States Dollar on the Parallel Market known as Black Market on Thursday morning. Against the British Pound, the Naira exchanged at N710 and N595 billion to a Euro.
Nigeria’s rising inflation rate, unemployment rate, weak new job creation and low earnings drag on consumer spending, retail sales and economic growth in general. The weak household income and rising import cost in a largely import-dependent nation have continued to hurt demand and business activities in general. See the Naira Exchange rate 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 |
| 24/06/2021 | 495/500 | 705/710 | 590/595 | 62/69 | 400/410 | 300/322 |
| 23/06/2021 | 495/500 | 705/710 | 585/592 | 62/69 | 400/410 | 300/322 |
| 22/06/2021 | 495/500 | 703/713 | 585/595 | 62/69 | 400/410 | 300/322 |
| 21/06/2021 | 495/500 | 703/710 | 585/592 | 62/69 | 400/410 | 300/325 |
| 18/06/2021 | 492/498 | 700/710 | 585/595 | 62/69 | 400/410 | 300/325 |
| 17/06/2021 | 483/493 | 700/710 | 590/600 | 62/69 | 400/410 | 300/322 |
| 16/06/2021 | 497/502 | 707/713 | 600/606 | 62/69 | 400/410 | 300/322 |
Bureau De Change Naira Rates
| Date | USD | GBP | EURO |
| NGN | BUY/SELL | BUY/SELL | BUY/SELL |
| 24/06/2021 | 485/495 | 700/718 | 580/605 |
| 23/06/2021 | 485/495 | 700/718 | 580/605 |
| 22/06/2021 | 485/495 | 700/718 | 580/605 |
| 21/06/2021 | 480/490 | 680/710 | 550/603 |
| 19/06/2021 | 475/490 | 680/715 | 580/603 |
| 18/06/2021 | 475/485 | 680/715 | 580/603 |
| 17/06/2021 | 478/490 | 690/710 | 590/603 |
| 16/06/2021 | 495/500 | 707/718 | 600/609 |
| 15/06/2021 | 495/500 | 707/718 | 600/609 |
| 14/06/2021 | 490/498 | 705/718 | 600/608 |
Central Bank of Nigeria’s Official Naira Rates
| Date | Currency | Buying(NGN) | Central(NGN) | Selling(NGN) |
|---|---|---|---|---|
| 6/24/2021 | US DOLLAR | 409.17 | 409.67 | 410.17 |
| 6/24/2021 | POUNDS STERLING | 568.5417 | 569.2365 | 569.9312 |
| 6/24/2021 | EURO | 488.3853 | 488.9821 | 489.5789 |
| 6/24/2021 | SWISS FRANC | 445.1371 | 445.681 | 446.225 |
| 6/24/2021 | YEN | 3.6942 | 3.6987 | 3.7032 |
| 6/24/2021 | CFA | 0.7264 | 0.7364 | 0.7464 |
| 6/24/2021 | WAUA | 583.8255 | 584.539 | 585.2524 |
| 6/24/2021 | YUAN/RENMINBI | 63.2588 | 63.3365 | 63.4143 |
| 6/24/2021 | RIYAL | 109.1033 | 109.2366 | 109.3699 |
| 6/24/2021 | SOUTH AFRICAN RAND | 28.7486 | 28.7837 | 28.8188 |