todays exchange rate

Cracks in the Mirror: On Saturday, June 21, 2025, the dollar traded at ₦1,587 (buy) and ₦1,605 (sell) on the Lagos black market, according to Naija News. This comes despite the Central Bank of Nigeria’s insistence that only official channels should be used for foreign exchange, where the dollar...

According to the CBN and Nairametrics, the naira appreciated slightly to ₦1,545/$ at the official market on Friday, June 21, 2025, but weakened to ₦1,605/$ on the parallel market. This tug of two currents widened the exchange rate gap as traders responded to oil gains and falling inflation...

The Nigerian Naira experienced significant weakening against the United States Dollar across both official and black markets on Thursday, June 19. This depreciation occurred amidst ongoing strain in foreign exchange liquidity, with the Naira closing at N1,550.55/$1 in the official market and...

The naira appreciated by 0.59% to ₦1,545.29/$ in the official market on June 17, supported by easing inflation and rising investor confidence. Gains were also recorded against the pound and euro. Analysts cite FX inflows and improved policy coordination as drivers of the local currency's modest...

The Naira appreciated to ₦1,540/$1 at the official market as improved FX liquidity boosts investor confidence. Gains were also recorded against the Pound and Euro. Meanwhile, the black market rate held at ₦1,610/$1. Crypto markets turned bullish amid Solana ETF optimism, with major coins posting...

The Naira’s resilience below the N1,600/$ mark during the holidays has sparked cautious optimism among businesses and economists. While transactional volumes dipped, the currency’s stability and narrowing gap between official and parallel rates hint at progress. But what does this mean for...

The Naira appreciated to N1,552.62/$1 at NAFEM due to sustained policy interventions, even as the global crypto market plunged following a public fallout between Donald Trump and Elon Musk. DOGE, ETH, and BTC were among the hardest hit. Naira appreciated by N13.99 at NAFEM, now N1,552.62/$1...

The naira appreciated to N1605/$1 at the black market ahead of the Eid holidays, continuing a short winning streak in both official and parallel markets. According to Nairametrics, the naira rose from N1610/$1 on Wednesday to N1605/$1 on Thursday In the official market, it closed at N1,564/$1...

The Naira inched up against the dollar at the official market, offering slight relief, but with the black market rate still at N1,615/$1, real-world impact remains limited. Naira gained 0.13% at NAFEM, now N1,579/$1 Black market rate unchanged at N1,615/$1 Pound and Euro traded flat at...

The naira slightly appreciated on Monday, trading at N1,581.48 per dollar at NAFEM, up from Friday’s N1,586.19, thanks to inflows from foreign portfolio investors and corporates, even as overall liquidity dropped. Naira strengthened by N4.71 at NAFEM and improved by N10 to N1,615/$1 in the...

The naira opened the new week stronger at ₦1,610/$1 in the parallel market, gaining ₦20 from Friday’s ₦1,630. It also appreciated against the pound and euro, supported by rising investor confidence and Moody’s recent upgrade of Nigeria’s credit rating. ₦1,610/$1 in the black market on Monday...

The Naira appreciated to ₦1,586.49 per dollar at the official market on May 29, driven by renewed investor optimism following President Tinubu’s reform update during his second anniversary speech. Naira gained ₦5.11 against the dollar at NAFEX, closing at ₦1,586.49/$1 from ₦1,591.60/$1. Also...

The naira continued its decline on Wednesday, slipping to ₦1,591.60/$1 officially and ₦1,625/$1 at the black market, despite a $50m intervention from the Central Bank. Naira lost ₦5.84 at NAFEX, closing at ₦1,591.60/$1 Black market rate worsened to ₦1,625/$1, down ₦5 from Tuesday Pound and Euro...

The naira held steady at N1,610/$ in the parallel market on Monday, marking a slight rebound from last week’s dip. Analysts credit tighter CBN policies and falling dollar demand for the calm, but long-term pressures remain. Naira gains N5 against the dollar in the black market (now N1,610/$)...

The naira closed the week stronger at ₦1,579/$1 on the official market, signalling renewed investor confidence and calm in forex channels, both official and parallel. Naira appreciated to ₦1,579/$1 on Friday, up from ₦1,586/$1 on Thursday Weekly gains followed steady improvements since Monday’s...

The naira fell to N1,586/$1 in the official market, snapping its post-MPC recovery. With holiday travel and tuition deadlines approaching, forex demand is rising fast. Official rate dropped from N1,583/$1 to N1,586/$1 The parallel market slightly strengthened to N1,620/$1 CBN governor cites...

The naira appreciated at both official and parallel markets on May 20, 2025, following the Central Bank’s decision to retain its key interest rate at 27.5%. CBN Governor Cardoso said the naira remains stable and competitive. Naira closed at ₦1,591.25/$1 at NAFEM, gaining ₦7.69 in value from the...

The naira appreciated to N1,597/$1 in the official market ahead of the Central Bank’s key Monetary Policy Committee (MPC) meeting, signaling cautious optimism amid inflationary pressures and a looming recapitalization deadline for BDCs. Naira gained modestly in both official and parallel...

The naira appreciated by ₦10 at the parallel market on Thursday, breaking a recent trend of steady depreciation. However, the official rate saw a slight decline, highlighting contrasting currency pressures in Nigeria’s dual forex markets. Naira rose to ₦1,625/$1 at the black market, from ₦1,635...

The naira weakened to N1,635/$ in the parallel market, while it appreciated slightly in the official market. Analysts note a widening disparity between the two rates as market volatility persists. Naira depreciated from N1,625/$ to N1,635/$ in the parallel market, losing N10 in one day...