Naira Exchange Rates To Foreign currencies Thursday, June 18
Black Market Rates
US DOLLAR (USD) Buy ₦1, 400 Sell ₦1,405
GREAT BRITISH POUND (GBP) Buy ₦1,865 Sell: ₦1,885
EURO (EUR) Buy ₦1, 585 Sell ₦1, 605
Black Market Rates
US DOLLAR (USD) Buy ₦1, 400 Sell ₦1,405
GREAT BRITISH POUND (GBP) Buy ₦1,865 Sell: ₦1,885
EURO (EUR) Buy ₦1, 585 Sell ₦1, 605
Black Market
US DOLLAR (USD) Buy ₦1,395 Sell ₦1,405
GREAT BRITISH POUND (GBP) Buy ₦1,870 Sell: ₦1,900
EURO (EUR) Buy ₦1,585 Sell ₦1, 610
CANADIAN DOLLAR (CAD) Buy ₦1,030 Sell ₦1,100
OFFICIAL RATES
US DOLLAR (USD) ₦1,356. 27
GREAT BRITISH POUND (GBP) ₦1,808.86
EURO (EUR) ₦1,575. 85
BLACK MARKET RATES
US DOLLAR (USD) Buy ₦1,393 Sell ₦1,400
GREAT BRITISH POUND (GBP) Buy ₦1,845 Sell: ₦1,865
EURO (EUR) Buy ₦1,185 Sell ₦1, 605
Black Market Rates
US Dollar (USD) Buy ₦1,395 Sell ₦1,400
Great British Pound (GBP) Buy ₦1,860 Sell: ₦1,880
EURO (EUR) Buy ₦1,590 Sell ₦1, 610
Black Market Rates:
US Dollar (USD) Buy ₦1,390 Sell ₦1,400
Great British Pound (GBP) Buy ₦1,855 Sell: ₦1, 875
EURO (EUR) Buy ₦1,000 Sell ₦1, 100
Dollar (USD) ₦1, 362.84
Great British Pound (GBP) ₦1,821. 30
EURO (EUR) ₦1,574. 53
SWISS FRANC (CHF) ₦1,714. 05
US Dollar (USD) ₦1, 358.75
Great British Pound (GBP) ₦1,828. 06
EURO (EUR) ₦1,581. 58
SWISS FRANC (CHF) ₦1,724. 74
The T+1 transition means that securities transactions executed on the Nigerian Exchange Limited (NGX) will now settle one business day after trading, allowing investors to receive cash or securities faster than under the previous T+2 framework.
“The launch reflects a broader shift in African markets, where businesses, governments and development institutions are increasingly seeking sophisticated financing and advisory support to execute growth and transformation initiatives,” said Adedayo Amzat, Group Managing Director of Zedcrest Group.