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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:

DateCurrencyBuying (NGN)Central (NGN)Selling (NGN)
08/05/2023US Dollar735.00

— —

740.00
Pounds Sterling918.00— —928.00
Euro797.00— —807.00
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)
08/05/2023WAUA621.1307621.8059622.481
Yuan/Renminbi66.557766.630566.7033
Riyal122.6569122.7902122.9235
South African Rand25.019625.046825.074
Danish Krona68.002168.07668.1499
SDR622.012622.6881623.3642
US Dollar460460.5461
Pounds Sterling579.83580.4603581.0905
Euro506.69507.2408507.7915
DateCurrencyBuying(NGN)Central(NGN)Selling(NGN)

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