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Naira exchange rate for Monday morning, May 08, 2023

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The Naira exchange rate in the parallel market for Monday morning, May 08, 2023, as confirmed by Bureau de Change operators in Abuja, is as follows:

Date Currency Buying (NGN) Central (NGN) Selling (NGN)
08/05/2023 US Dollar 735.00

— —

740.00
Pounds Sterling 918.00 — — 928.00
Euro 797.00 — — 807.00
Date Currency Buying (NGN) Central (NGN) Selling (NGN)

Meanwhile, the official exchange rate as supplied by the Central Bank of Nigeria (CBN) for the same period is:

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Date Currency Buying(NGN) Central(NGN) Selling(NGN)
08/05/2023 WAUA 621.1307 621.8059 622.481
Yuan/Renminbi 66.5577 66.6305 66.7033
Riyal 122.6569 122.7902 122.9235
South African Rand 25.0196 25.0468 25.074
Danish Krona 68.0021 68.076 68.1499
SDR 622.012 622.6881 623.3642
US Dollar 460 460.5 461
Pounds Sterling 579.83 580.4603 581.0905
Euro 506.69 507.2408 507.7915
Date Currency Buying(NGN) Central(NGN) Selling(NGN)

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