Currency steadies against Dollar, Pound Sterling, Euro [April 13, 2016]

folarin okunola

April 13, 2016 4:44 PM

Today, the Naira continued to trade at N323/dollar - same price it traded yesterday, April 12, 2016.

Daily Naira-foreign exchange sheet

The Naira continued to maintain its momentum against the dollar from last week on the parallel market, trading at N323 to the dollar.

The speculative trend of the currency has effectively died out in recent weeks as it maintains a steady position against the dollar, the British Pound, and the Euro.

Today, the Naira continued to trade at N323/dollar - same price it traded yesterday, April 12, 2016. Right now, you can buy dollars at N320/dollar on the parallel market - same as yesterday too.

READ: Currency steadies against dollar, still drops against Pound Sterling, Euro [April 12, 2016]

For other foreign currencies, you can buy the British Pound at N450/pound on the parallel market, or sell for N445/pound, same prices which the naira traded at against the Pound Sterling yesterday.

The Euro is also trading for N365/euro, while you can sell for N360/euro - same price as yesterday. These figures are the exact same which the naira posted by the close of business yesterday, and earlier today.

Note that these figures are the current midday rate at which the naira is trading on the black market. We will be bringing you daily rates so stay with Pulse Money to keep you updated.

folarin okunola