As of today 10th April 2025, the Nigerian Naira’s exchange rates against the US Dollar (USD), British Pound (GBP), and Euro (EUR) show distinct differences between official Central Bank of Nigeria (CBN) rates and parallel market rates.
Official Market Rates (CBN)
- USD to NGN: ≈ ₦1,582
- GBP to NGN: ≈ ₦2,021
- EUR to NGN: ≈ ₦1,733
Parallel Market Rates (Black Market)
- USD to NGN: Buying ₦1,580 – Selling ₦1,605
- GBP to NGN: Buying ₦2,086, Selling ₦2,130
- EUR to NGN: Buying ₦1,795, Selling ₦1,807