Naira obtained N0.04 against dollars in the official window

The Nigerian currency, Naira, recovered a little on the US dollar on the official market on Monday, May 19, 2025, received N0.04.

According to Nigerian central bank data (CBN), Naira appreciates N1, 598.68/$ 1 compared to N1, 598.72/$ 1 which is traded on Friday, May 16, 2025.

This represents the profit N0.04 for local currencies.

In the black market, Naira obtained N5 against the dollar to trade at N1.625/$ 1 compared to the previous day level N1, 630/$ 1.

Naira obtained N15 against British pounds to trade at N2.165/£ 1 compared to the previous day level N2.180/£ 1.

After several weeks of surviving at N1.150/Ca $ 1, Canadian dollars appreciate Naira to trade at N1.200/Ca $ 1 compared to the previous day level N1.150/Ca $ 1,

Naira obtained N15 against Euro to trade in ₦ 1,820/€ 1 compared to the previous day level ₦ 1,835/€ 1.

By: Babajide Okeowo

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