Naira exchange rate for Friday morning, May 12, 2023

The Naira exchange rate in the parallel market for Friday morning, May 12, 2023, as confirmed by Bureau de Change operators in Abuja, is as follows:

Date Currency Buying (NGN) Central (NGN) Selling (NGN)
12/05/2023 US Dollar 740.00

— —

745.00
Pounds Sterling 920.00 — — 930.00
Euro 800.00 — — 810.00
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)
12/05/2023 US Dollar 460.03 460.53 461.03
Pounds Sterling 579.3618 579.9915 580.6212
Euro 503.0428 503.5896 504.1363
Yen 3.429 3.4327 3.4364
WAUA 619.378 620.0512 620.7244
Yuan/Renminbi 66.3097 66.3823 66.4548
South African Rand 24.2563 24.2826 24.309
Riyal 122.6583 122.7916 122.9249
Danish Krona 67.5214 67.5948 67.6682
SDR 620.0284 620.7023 621.3762
Date Currency Buying(NGN) Central(NGN) Selling(NGN)

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