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

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