Daily updated naira dollar exchange rates, euro and pounds. Currency conversion rates, parallel market and black market. Forex in Nigeria. CBN interbank rates, bureau de change, parallel market, Naira to dollars, pounds and Euro exchange rates">

Naira Exchange Rates Nigeria



Daily Naira / Dollar / Pounds / Euro Exchange Rates

Lagos Parallell Market Rates NGN/USD/GBP/EUR


Date Naira/Dollar (NGN/USD)
Buy/Sell
Naira/Pound (NGN/GBP)
Buy/Sell
Naira/Euro (NGN/EUR)
Buy/Sell
May 25, 2018 360/366 490/496 425/430
May 24, 2018 360/365 490/497 423/430
May 23, 2018 360/365 493/498 423/430
May 22, 2018 360/363 494/498 423/428
May 21, 2018 360/364 494/498 423/428
May 18, 2018 360/363 494/500 424/429
May 17, 2018 360/363 492/498 424/429
May 16, 2018 360/363 493/498 425/429
May 15, 2018 360/363 495/501 435/431
May 14, 2018 360/363 495/501 435/430
May 11, 2018 360/363 494/500 435/430
May 10, 2018 358/362 495/500 436/430
May 09, 2018 358/363 495/500 436/435
May 08, 2018 358/362 500/503 436/435
May 07, 2018 358/362 500/505 436/444
May 04, 2018 358/362 500/504 436/442
May 03, 2018 358/362 500/505 436/442
May 02, 2018 358/362 500/505 436/443
May 01, 2018 358/362 500/505 436/443
April 30, 2018 358/363 500/506 438/443
April 27, 2018 358/363 500/506 438/445
April 26, 2018 358/363 500/505 439/445

The parallel market rates represent the average rate from various black market dealers on the Lagos mainland and island.

There may be a N2/3 differential between Island and Mainland rates.

Central Bank of Nigeria (CBN) / Interbank Rates


Date Naira/Dollar (NGN/USD)
Naira/Pound (NGN/GBP) Naira/Euro (NGN/EUR)
May 25, 2018 305.90 410.15 358.42
May 24, 2018 305.90 411.26 360.77
May 23, 2018 305.85 411.12 360.04
May 22, 2018 305.85 410.90 359.80
May 21, 2018 305.85 412.65 360.35
May 18, 2018 305.85 413.26 361.08
May 17, 2018 305.85 412.53 360.53
May 16, 2018 305.80 413.47 363.29
May 15, 2018 305.80 415.39 366.50
May 14, 2018 305.75 414.11 363.87
May 11, 2018 305.75 413.67 363.38
May 10, 2018 305.75 415.54 363.29
May 09, 2018 305.75 413.03 363.04
May 08, 2018 305.75 413.55 363.96
May 07, 2018 305.70 416.35 368.54
May 04, 2018 305.70 415.93 366.87
May 03, 2018 305.70 419.69 369.13
May 02, 2018 305.70 420.13 369.63
May 01, 2018 305.70 419.69 369.13
April 30, 2018 305.65 420.32 368.79
April 27, 2018 305.65 427.08 371.97
April 26, 2018 305.65 426.04 372.40
April 25, 2018 305.65 426.74 373.53

The Interbank rates shows the current CBN exchange rates and official interbank rates. There are about 6 Forex windows maintained by the CBN each with a different exchange rate.

The windows are:
  1. Official Interbank Wholesale window
  2. NAFEX Window (NAFEX - Nigerian Autonomous Foreign Exchange window) quoted on the FMDQ OTC Securities Exchange platform
  3. NIFEX Window (NIFEX - Nigerian Foreign Exchange window) quoted on the FMDQ OTC Securities Exchange platform
  4. I & E Window (I&E - Investors and Exporters foreign exchange window). This includes loan repayments, loan interest payments, dividends/income remittances, capital repatriation, management services fees, consultancy fees, software subscription fees, technology transfer agreements, personal home remittances and any such other eligible invisible transactions including Miscellaneous Payments as specified under Memorandum 15 of the CBN Foreign Exchange Manual.
  5. SME Window - to enable SMEs import eligible finished and semi-finished items not exceeding $20,000 for an enterprise per quarter.
  6. SMIS Window (SMIS - Secondary Market Intervention Sales) for software developers, exporters. This includes international Airlines Ticket Sales Remittances
Unlike the general official interbank market, the rate at the I & E, NIFEX and NAFEX windows are market determined based on the forces of demand and supply, and are not set by the CBN.

FMDQ - Financial Market Daily Quotes
OTC - Over The Counter




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