The Nigeria Naira, today depreciated against the US dollar at both the official market and the parallel market.
Naira exchanged for ₦1,548.5 against the dollar at the official market after loosing ₦1.1601 (0.07%) when compared to the ₦1,549.6 it exchanged last week
Dollar rate started the month of June at ₦1,581.5866 traded on Monday, June 02, 2025. With USD rate set at ₦1,548.5237 as at today, the local currency has fallen by 2.09% to the Dollar officially for this month of June.
Against the pound, naira appreciated to ₦2082.7644 to one pound, this is a 0.89% weekly increase from ₦2,101.4642 as set by the Central Bank.
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At the parallel market, naira exchanged at 1,600 per dollar from sellers who were only willing to buy at 1,590 per dollar.
Pound sold at 2,160 at the parallel market today Monday, June 23, 2025
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