As of today Friday February 28, 2025, the exchange rates between the Nigerian Naira (NGN) and major foreign currencies are as follows:
Official Rates:
- US Dollar (USD): ₦1,499.11 per USD
- British Pound Sterling (GBP): ₦1,915 per GBP
- Euro (EUR): ₦1,570 per EUR
These official rates are provided by the Central Bank of Nigeria (CBN) and are subject to periodic review based on market dynamics.
Parallel Market Rates:
- US Dollar (USD): Buying at ₦1,490; Selling at ₦1,500
- British Pound Sterling (GBP): Buying at ₦1,850; Selling at ₦1,920
- Euro (EUR): Buying at ₦1,500; Selling at ₦1,570