Daily Parallel Market Exchange Rate – ₦475/$1

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The US dollar stands at ₦470/US$1 in the parallel market

 

The exchange rate between the naira and the US dollar for today (Friday, February 5th 2021), stands at ₦475/US$1 in the parallel market. The rate had also closed at ₦475/US$1 on friday 5th  2021.

  • Naira: ₦475
  • Dollar: $1
  • Date: February 5th, 2021

The exchange rate between the naira and the British pound sterling stands at ₦635/₤1 on Friday, February 5th 2021. The rate had closed at ₦630/₤1 on sunday, February 7th 2021.

  • Naira: ₦635
  • Pounds Sterling: ₤1
  • Date: February 7th, 2021

 

The exchange rate between the naira and the European euro stands at ₦575/€1 on Friday, February 5th 2021. The rate had also closed at ₦575/€1 on Thursday, February 4th 2021.

  • Naira: ₦575
  • Euro: €1
  • Date: February 5th, 2021

Activity: US Dollar stands at ₦470/US$1 in the parallel market

Data is collated from various black market dealers on the mainland and island parts 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. This is a daily tracker and updated close of business. See table below for parallel market exchange rate dating to 2019.

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