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Home Markets Currencies

NIGERIA: Parallel Market Exchange Rate (08/07/2016)

Nairametrics by Nairametrics
July 8, 2016
in Currencies
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Note: “Buy” refers to the rate you pay if you want to buy forex. “Sell” is the rate that you sell to parallel market operators.

Our rates are obtained from black market operators on the mainland and the island of Lagos. We prefer to publish the higher of the two.

Dollars

Buy   – N350

Sell    – N345

Pounds

Buy  – N460

Sell  – N450

Euro

Buy – N380

Sell – N375

 


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Tags: Black Market
Nairametrics

Nairametrics

Nairametrics is Nigeria's top business news and financial analysis website. We focus on providing resources that help small businesses and retail investors make better investing decisions. Nairametrics is updated daily by a team of professionals. Post updated as "Nairametrics" are published by our Editorial Board.

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