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Naira exchange rate for Wednesday morning, May 17, 2023

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The Naira exchange rate in the parallel market for Wednesday morning, May 17, 2023, as confirmed by Bureau de Change operators in Abuja, is as follows:

DateCurrencyBuying (NGN)Central (NGN)Selling (NGN)
17/05/2023US Dollar740.00

— —

745.00
Pounds Sterling932.00— —942.00
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)
17/05/2023US Dollar460.07460.57461.07
Pounds Sterling575.8696576.4955577.1213
Euro501.2463501.791502.3358
Swiss Franc514.1596514.7184515.2772
Yen3.40923.41293.4166
CFA0.74740.75740.7674
WAUA618.8358619.5084620.1809
Yuan/Renminbi66.164866.237266.3095
Riyal122.6755122.8088122.9422
South African Rand23.924823.950823.9768
DateCurrencyBuying(NGN)Central(NGN)Selling(NGN)

 

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