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Home Markets Currencies

NIGERIA: Daily Parallel Market Exchange Rate (June 28th 2019)

Research Team by Research Team
June 28, 2019
in Currencies
Forex, NIGERIA: Daily Parallel Market, Exchange Rate
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Nigeria’s Parallel Market Exchange rate is a daily compilation of the price of the Naira against three major currencies in the world. This tracker dates from June 1, 2016.

Note: Rates displayed here may be different from rates used in actual trades.

[table id=184 /]

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Data is collated from various black market dealers on the mainland and island of Lagos State where forex is sold. The price quoted daily on this page represents the average price obtained by our Research Team. Our prices are a guide and could be slightly different from the price you get when you eventually decide to buy or sell.

[READ ALSO: Federal Government lists N278bn savings bonds on NSE]


Follow us for Breaking News and Market Intelligence.
Tags: Black Marketheadlineparallel marketTables
Research Team

Research Team

The Research Team at Nairametrics meticulously monitors, gathers, curates, and administers an extensive repository of both macroeconomic and microeconomic data originating from Nigeria and across Africa. Utilizing a variety of presentation formats—including documents, tables, and charts—our analysts disseminate key findings through the Nairametrics platform. Additionally, we regularly release insightful, research-driven articles that offer in-depth analyses of economic trends and indicators.

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Comments 18

  1. Chimezie Victor says:
    March 20, 2018 at 4:13 pm

    Hello team, Is there a way to spool the currency rates data?

    Reply
  2. Ken John says:
    September 21, 2018 at 2:40 pm

    The rates are not encouraging for business in Nigeria

    Reply
  3. Hynaija says:
    September 24, 2018 at 6:46 pm

    Thank God… The is coming up!

    Reply
  4. Anodebenze says:
    December 14, 2018 at 3:04 pm

    Ugodre,for more than 2 yrs you have presenting to us a parallel market forex rates.Now Godwin my best friend at CBn have said this black market is shallow,is godwin telling us the truth ?,he was the managing director of Zenith bank,under soludu the cbn official forex merged with this parallel market.
    Ugodre,this is my complaint for justice and fairness.why are you not presenting the cbn forex rates ?,so we can compares.some enemy of Nigeria and us Nigerian are designing their devilish plan for Nigeria,as I doubt this so called researchers are Nigerian.i thought they are agents of CIA

    Reply
  5. Chibuzor says:
    April 3, 2019 at 11:06 am

    The exchange rate have been almost within the same range for some time now.

    Reply
  6. Jachimike says:
    April 4, 2019 at 11:34 am

    HOW TRUE IS THIS?

    Reply
  7. Wazobiafx says:
    April 6, 2019 at 10:17 pm

    Please do banks still sell dollars for importation business?

    Reply
    • Alfred Akuki says:
      April 8, 2019 at 9:04 am

      Hi Wazobiafx, Yes.

      Reply
  8. Olajide says:
    May 15, 2019 at 1:59 pm

    Hello team. Please I am in need of monthly parallel market exchange rates, I&E exchange rates.

    How do I have access to it?

    Reply
  9. Mohammad Lukman says:
    May 18, 2019 at 2:10 am

    Comment: what issues about the mint maker xoins collectors. are they realy exist in our country,nigeria.?

    Reply
  10. BASHIRU says:
    May 18, 2019 at 7:46 pm

    Comment:INFINITY TBC EXCHANGE WORLD WIDE…
    We accept % shopping with TBC and also we do exchange of TBC to BTC and also from TBC to cash @the rate of #3,100 per Kringle we do dilivery to your door step before you transfer the Kringle to us, you can reach us on WhatsApp or contact us 09066812720 or you visit us @ suite c313 worldgate shopping mall one man village Abuja

    Reply
  11. legit says:
    May 19, 2019 at 5:51 pm

    LEGIT TBC Wishes to announce to the public that we accept 100% shopping with TBC we sell cars electronic, musical instruments and food stuffs, Exchange your TBC to cash, and convert your TBC to BTC you can reach us for the exchange on WhatsApp or cantant us 08144672047 our office is located at no8 idoroko road OTA Ogun state Nigeria tbcians has been waiting for we assure you 100%safety.

    Reply
  12. Augustine Idiaghe says:
    June 18, 2019 at 3:42 pm

    Hmnnnnn, very imparting!

    Please keep it up and help wipe out ignorance from our society….

    Reply
  13. Loretta James says:
    June 20, 2019 at 3:48 pm

    Thank god it is indeed coming up

    Reply
  14. Bio says:
    September 8, 2019 at 10:33 am

    Like seriously, the rates are not encouraging for a start up business in Nigeria.

    Reply
  15. James says:
    December 12, 2019 at 4:57 am

    I miss the days where $1 was equal to N1. These rates are killing I must say.

    Reply
  16. Search Engine says:
    January 3, 2020 at 6:25 pm

    The rates are not encouraging for a start up business.

    Reply
  17. Quopedia says:
    January 20, 2020 at 1:56 pm

    How did you know they are not encouraging for start up business?

    Reply

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