Market data shows a rate of about ₦1,322.72 per US dollar. This is the official rate, and it has been steady. A different picture emerges in the parallel market, where rates are higher. Buyers and sellers are quoted different rates, with a buying rate of around ₦1,380 and a selling rate of around ₦1,390.
Rates can vary depending on the transaction and the parties involved. The parallel market has rates that differ from the official rate.
Further details on the market rates are available from the source, including historical data and variations in rates.
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