Naira Rate Depreciates Further In The Parallel Market

The exchange rate between the naira and the European euro stands at ₦582/€1 on Wednesday, February 24th 2021. The rate had closed at ₦580/€1 on Tuesday, February 23rd 2021.

This is a ₦2 depreciation as compared to opening rate for Tuesday.

The exchange rate between the naira and the British pound sterling stands at ₦665/₤1 on Wednesday, February 24th 2021. The rate had closed at ₦660/₤1 on Tuesday, February 23rd 2021.

This is a ₦5 depreciation as compared to opening rate for Tuesday.

The exchange rate between the naira and the US dollar for today (Wednesday, February 24th 2021), stands at ₦480/US$1 where it traded unofficially at the black market.

The rate had also closed at ₦480/US$1 on Tuesday, February 23rd 2021.

Click the link below to see the current rate. Kindly share;