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Naira exchange rate for Wednesday morning, May 31, 2023

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The Naira exchange rate in the parallel market for Wednesday morning, May 31, 2023, as confirmed by Bureau de Change operators in Abuja, is as follows:

DateCurrencyBuying (NGN)Central (NGN)Selling (NGN)
31/05/2023US Dollar738.00

— —

745.00
Pounds Sterling940.00— —950.00
Euro790.00— —800.00
DateCurrencyBuying (NGN)Central (NGN)Selling (NGN)

Meanwhile, the official exchange rate as supplied by the Central Bank of Nigeria (CBN) for the same period is:

Date Currency Buying(NGN) Central(NGN) Selling(NGN) 
31/05/2023 US Dollar 460.6 461.1 461.6 
Pounds Sterling 573.1246 573.7467 574.3689 
Euro 494.8226 495.3597 495.8969 
Swiss Franc 510.3036 510.8575 511.4115 
Yen 3.2978 3.3014 3.3049 
CFA 0.7355 0.7455 0.7555 
Waua 612.4805 613.1453 613.8102 
Yuan/Renminbi 65.0924 65.1635 65.2346 
Riyal 122.8201 122.9534 123.0868 
South African Rand 23.4179 23.4433 23.4688 
Date Currency Buying(NGN) Central(NGN) Selling(NGN) 

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