Naira exchange rate for Thursday morning, May 18, 2023

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The Naira exchange rate in the parallel market for Thursday morning, May 18, 2023, as confirmed by Bureau de Change operators in Abuja, is as follows:

DateCurrencyBuying (NGN)Central (NGN)Selling (NGN)
18/05/2023US Dollar747.00

— —

753.00
Pounds Sterling940.00— —950.00
Euro805.00— —815.00
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)
18/05/2023US Dollar460.36460.86461.36
Pounds Sterling575.8696576.4955577.1213
Euro498.5699499.1114499.6529
Swiss Franc514.1596514.7184515.2772
Yen3.363.36373.3673
CFA0.7440.7540.764
WAUA617.3932618.0637618.7343
Yuan/Renminbi65.797765.869665.9415
Riyal122.7496122.8829123.0162
South African Rand23.917923.943923.9699
DateCurrencyBuying(NGN)Central(NGN)Selling(NGN)

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