Naira to Dollar rate for August 31 at parallel market

Naira to Dollar rate for August 31 at parallel market

- The Nigerian Naira appreciates to N365 per Dollar at parallel market

- The local currency trades at N468 against the Pound and N432 against the Euro

The Nigerian Naira has appreciated at the parallel market after the Central Bank of Nigeria injected another $250 million in continuation of its intervention in the forex market.

According to NAIJ.com findings on Thursday, August 31, the local currency gained one point against the greenback to close the day at N365/$1.

However, the Nigerian currency closed the day at N468 and N432 against the Pound Sterling and Euro respectively.

Naira to Dollar rate for August 31 at parallel market

Naira rate for August 31 at parallel market

Meanwhile Nairametrics reports that the Naira as at this afternoon, August 31, sold at N366 to a dollar, while the Pound Sterling and the Euro traded at N472 and N434, respectively.

Note: Data is collated from various black market dealers where forex is sold. The price quoted represents the average price obtained by NAIJ.com.

This is a guide and could be slightly different from the price you get when you eventually decide to buy or sell.

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Source: Naija.ng

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