- Buying Rate: ₦1,630 per dollar
- Selling Rate: ₦1,635 per dollar
In contrast, the Central Bank of Nigeria (CBN) exchange rates were slightly lower:
- Buying Rate: ₦1,597 per dollar
- Selling Rate: ₦1,598 per dollar
It’s important to note that the CBN does not recognize the parallel (black) market and advises individuals to conduct foreign exchange transactions through official banking channels. Exchange rates may vary depending on the specific location and Bureau De Change (BDC) operators.
