Naira has strengthened against all foreign currencies approved in Nigeria today Friday, 3rd November.
BizPoint has obtained the exchange rate of US Dollar, Pound Sterling, Euro, Saudi Riyal, CFA and Chinese Yan.
This newspaper understands that the rate of Saudi Riyal to naira has surpassed N300. This is the biggest fall of Naira against the Saudi Arabian currency.
The dollar to naira has also maintained it’s rate above N1000 mark as it was exchanged up to N1175 within this week at parallel market, according to information from WAPA Bureau De Change market in Kano state.
See US Dollar, Pound Sterling, Euro, Saudi Riyal, CFA and Chinese Yuan exchange rates for today, Wednesday, 1st November, 2023.
How much is US Dollar, Pound Sterling, Euro, Saudi Riyal, CFA and Chinese Yuan?
Dollar/Naira
Buying- N1070
Selling -N1080
Pounds/Naira
Buying- N1420
Selling- N1520
Euro/Naira
Buying-N1200
Selling-N1230
Saudi Riyals(SR)/Naira
Buying-N278
Selling-N288
CFA/Naira
Buying-N1470
Selling -N1500
Chinese Yuan/ Naira
Buying-N120
Selling -N125
UAE Dirham
Buying- N290
Selling – N310
Furthermore, on Aboki Forex app, BizPoint observed that at the parallel market rate, dollar was bought at N1170 and sold N1175 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.
