The US dollar stands at ₦462/US$1 in the parallel market
![Forex, NIGERIA: Daily Parallel Market, Exchange Rate](https://nairametrics.com/wp-content/uploads/2019/06/Parallel-Market-Exchange-Rate.jpg)
The exchange rate between the naira and the US dollar for today (Tuesday, November 10th 2020), stands at ₦462/US$1 in the parallel market. The rate had also closed at ₦462/US$1 on Monday, November 9th 2020.
The exchange rate between the naira and the British pound sterling stands at ₦587/₤1 on Tuesday, November 10th 2020. The rate had closed at ₦590/₤1 on Monday, November 9th 2020
- Naira: ₦587
- Pounds Sterling: ₤1
- Date: November 10th, 2020
The exchange rate between the naira and the European euro stands at ₦540/€1 on Tuesday November 10th 2020. The rate had also closed at ₦540/€1 on Monday, November 9th 2020.
- Naira: ₦540
- Euro: €1
- Date: November 10th, 2020
Activity: US Dollar stands at ₦462/US$1 in the parallel market
Date | Currency | Buy(AM) | Sell(AM) | Buy(PM) | Sell(PM) | Volatility |
---|---|---|---|---|---|---|
11/10/2020 | Dollar | 457 | 462 | |||
11/10/2020 | Pounds | 583 | 587 | |||
11/10/2020 | Euro | 535 | 540 | |||
11/09/2020 | Dollar | 457 | 462 | 457 | 462 | Low |
11/09/2020 | Pounds | 585 | 590 | 585 | 590 | Low |
11/09/2020 | Euro | 535 | 540 | 535 | 540 | Low |
11/06/2020 | Dollar | 457 | 462 | 457 | 462 | Low |
11/06/2020 | Pounds | 585 | 590 | 585 | 590 | Low |
11/06/2020 | Euro | 535 | 540 | 535 | 540 | Low |
11/05/2020 | Dollar | 457 | 462 | 457 | 462 | Low |
Data is collated from various black market dealers on the mainland and island parts of Lagos State where forex is sold. The price quoted daily on this page represents the average price obtained by our Research Team. Our prices are a guide and could be slightly different from the price you get when you eventually decide to buy or sell. This is a daily tracker and updated close of business. See table below for parallel market exchange rate dating to 2019.
Adeyemi Adebayo
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