Following the sudden rise in price of petroleum from N535 to N617 per litre, the exchange rate between Dollar and Naira has jerked up to N850 today, Tuesday, July 18.
BizPoint has obtained the exchange rate of US Dollar, Pound Sterling, Euro, Saudi Riyal, CFA and Chinese Yan.
This newspaper has got the exchange rate from WAPA Bureau De Change Market in Kano state.
This newspaper understands that the rate of dollar to naira has skyrocketed as it was exchanged at N790 at WAPA black market.
See US Dollar, Pound Sterling, Euro, Saudi Riyal, CFA and Chinese Yuan exchange rates for today, 30th May, 2023
How much is US Dollar, Pound Sterling, Euro, Saudi Riyal, CFA and Chinese Yuan?
Dollar/Naira
Buying- N840
Selling -N850
Other exchange rates below:
Pounds/Naira
Buying- N1000
Selling- N1220
Euro/Naira
Buying-N900
Selling-N935
Saudi Riyals(SR)/Naira
Buying-N220
Selling-N245
CFA/Naira
Buying-N1150
Selling -N1305
Chinese Yuan/ Naira
Buying-N110
Selling -N150
However on Aboki Forex app, BizPoint observed that at the parallel market rate, dollar was bought at N820 and sold N825 as at the time of filing this report.
Disclaimer: BizPoint does not set or determine forex rates. The official NAFEX rates are obtained from the website of the FMDQOTC.
Parallel market rates (black market rates) are obtained from various sources including online media outlets. The rates you buy or sell forex may be different from what is captured in this article
