Exchange rates show a significant gap between official and parallel markets. The difference is roughly ₦63 per dollar. At the parallel market, buying dollars costs around ₦1,380 and selling is at about ₦1,390. This means $100 would be approximately ₦139,000 and $1,000 would be around ₦1.39 million.
The official rate is lower, with the dollar at around ₦1,326.84. This rate has been relatively stable.
Further details on current exchange rates are available, including live data and market quotations.
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