Persistent dollar scarcity amid economic uncertainty continues to dictate the Nigerian Naira outlook across key forex markets as it traded near record lows against most foreign currencies.
The Nigerian Naira exchanges at N503 against the United States Dollar in the early hours of Thursday at the parallel market known as the black market. Against the Euro and the British Pound, the Naira traded at N593 and N708, respectively.
At the largely inaccessible section of the Central Bank of Nigeria, the Naira sold at N410.12 to a United States Dollar; N567.483 to the British Pound and N485.172 to Euro common currency.
The bureau de change operators exchanged the local currency at N500, N710 and N600 to a United States Dollar, British Pound and Euro, respectively. See other exchange rates 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 |
08/07/2021 |
499/503 |
700/708 |
588/593 |
62/69 |
407/417 |
300/325 |
07/07/2021 |
499/503 |
700/710 |
588/593 |
62/69 |
407/417 |
300/325 |
06/07/2021 |
499/503 |
698/710 |
590/595 |
62/69 |
407/417 |
300/325 |
05/07/2021 |
498/503 |
700/710 |
590/595 |
62/69 |
400/410 |
300/325 |
02/07/2021 |
498/503 |
700/710 |
588/595 |
62/69 |
400/410 |
300/325 |
01/07/2021 |
498/503 |
705/710 |
590/595 |
62/69 |
400/410 |
300/325 |
30/06/2021 |
498/503 |
705/710 |
590/598 |
62/69 |
400/410 |
300/325 |
29/06/2021 |
498/502 |
705/710 |
590/595 |
62/69 |
400/410 |
300/325 |
28/06/2021 |
498/502 |
705/710 |
590/600 |
62/69 |
400/410 |
300/322 |
25/06/2021 |
496/500 |
705/710 |
595/600 |
62/69 |
400/410 |
300/322 |
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 |
08/07/2021 |
490/500 |
697/710 |
585/600 |
07/07/2021 |
490/500 |
697/710 |
585/600 |
06/07/2021 |
490/500 |
697/710 |
585/600 |
05/07/2021 |
490/500 |
700/714 |
585/600 |
02/07/2021 |
490/500 |
700/714 |
585/600 |
01/07/2021 |
490/500 |
700/714 |
590/605 |
30/06/2021 |
490/500 |
704/718 |
590/605 |
29/06/2021 |
490/500 |
704/718 |
585/605 |
28/06/2021 |
490/500 |
700/718 |
585/605 |
25/06/2021 |
485/495 |
700/718 |
588/605 |
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