The naira is not resistant to the strengthening rates of dollar and euro which are recording high daily rates as the rally for foreign currency continues. However, the exchange rates at the parallel market today is almost at a standstill as data from AbokiFx show. The naira has seen some worse dollar and euro rates.
The dollar is exchanging at the rate of at N460/$1 in the parallel market, the rate at which it closed on the evening trade of the previous day. The euro is trading at N545/€1 today, having added 0.1% from its closing rate of N535/€1 on September 22, 2020.
A quick summary of currencies trading in the Nigerian parallel market including the Pound Sterling and the Canadian dollar.
Naira Exchange rates today
Naira to Dollar - N467/$1
Dollar to Naira - $1/N460
Naira to Euro - N535/€1
Euro to Naira - €1/N545
Naira to GBP - N585/₤1
GBP to Naira - ₤1/N600
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