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Naira exchange rate for Thursday Morning, May 05, 2023

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The Naira exchange rate in the parallel market for Thursday Morning, May 05, 2023, as confirmed by Bureau de Change operators in Abuja, is as follows:

DateCurrencyBuying (NGN)Central (NGN)Selling (NGN)
05/05/2023US Dollar730.00

— —

740.00
Pounds Sterling920.00— —930.00
Euro790.00— —800.00
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)
05/05/2023US Dollar459.84460.34460.84
Pounds Sterling575.0759575.7012576.3265
Euro507.6634508.2154508.7674
Swiss Franc517.43517.9926518.5552
Yen3.39343.39713.4008
CFA0.74950.75950.7695
WAUA617.6081618.2797618.9512
Yuan/Renminbi66.515366.588166.6609
Riyal122.6077122.741122.8743
South African Rand25.170625.19825.2254
DateCurrencyBuying(NGN)Central(NGN)Selling(NGN)

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