Money Market

One Dollar Is Now ₦480 In Daily Parallel Market

One Dollar Is Now ₦480 In Daily Parallel Market.

The exchange rate between the naira and the US dollar as of Tuesday, August 4th 2020 closed at ₦480/US$1 on the parallel market. The exchange rate closed at ₦480/$1 on Monday 3rd August 2020.

  • Naira: ₦480
  • Dollar: $1
  • Date: August 4th, 2020

The exchange rate between the naira and the British pound sterling closed at  ₦570/₤1 on Tuesday 4th August same as recorded on Monday 3rd August 2020.

  • Naira: ₦570
  • Pounds Sterling: ₤1
  • Date: August 4th, 2020

Explore Economic Research Data From Nairametrics on Nairalytics

The exchange rate between the naira and the European euro closed at ₦530/€1 on Tuesday 4th August 2020. The exchange rate also closed at ₦530/€1 on Monday 3rd August 2020.

  • Naira: ₦530
  • Euro: €1
  • Date: August 4th, 2020

Activity: USD closed at ₦480/US$1 in the parallel market

READ ALSO: The risk of buying Forex at black market rate of N460/$1 

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. This is a daily tracker and updated close of business


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