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Naira exchange rate for Saturday morning, May 13, 2023

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The Naira exchange rate in the parallel market for Saturday morning, May 13, 2023, as confirmed by Bureau de Change operators in Abuja, is as follows:

DateCurrencyBuying (NGN)Central (NGN)Selling (NGN)
13/05/2023US Dollar743.00

— —

748.00
Pounds Sterling925.00— —935.00
Euro800.00— —810.00
DateCurrencyBuying (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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DateCurrencyBuying(NGN)Central(NGN)Selling(NGN)
13/05/2023US Dollar460.03460.53461.03
Pounds Sterling579.3618579.9915580.6212
Euro503.0428503.5896504.1363
Yen3.4293.43273.4364
WAUA619.378620.0512620.7244
Yuan/Renminbi66.309766.382366.4548
South African Rand24.256324.282624.309
Riyal122.6583122.7916122.9249
Danish Krona67.521467.594867.6682
SDR620.0284620.7023621.3762
DateCurrencyBuying(NGN)Central(NGN)Selling(NGN)

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