Black Market Exchange Rate Report, Monday November 16, 2020.
BLACK MARKET EXCHANGE RATE NOVEMBER 16, 2020
| CURRENCY | BUYING RATE | SELLING RATE | % CHANGE |
| U.S DOLLAR [USD} | ₦467 | ₦475 | 1.06% |
| EURO {EUR} | ₦545 | ₦553 | 1.47% |
| BRITISH POUND {GBP} | ₦600 | ₦607 | 1.17% |
| CANADAN DOLLAR {CAD} | ₦325 | ₦345 | 0.00% |
| SOUTH AFRICAN RAND {ZAR} | ₦20 | ₦28 | 0.00% |
| GHANAIAN CEDI {GHS} | ₦76 | ₦84 | 0.00% |
| CHINESE YUAN {RMB} | ₦50 | ₦60 | 0.00% |
| WEST AFRICAN CFA FRANC {XOF} | ₦0.81 | ₦0.83 | 0.00% |
| CENTRAL AFRICAN CFA FRANC {XAF} | ₦0.7 | ₦0.74 | 0.00% |
| UNITED ARAB EMIRATE DIRHAM{AED} | ₦115 | ₦130 | 0.00% |
Top rising exchange rate was Euro to Naira having an 8 naira rise. It rose to 553.00 naira from 545 at close on Friday. This was a 1.47% rise compared to previous day.
Other rising exchange rate was Pound to naira. It rose from 600 naira to 607, a 1.17% rise while US dollar to naira rose to 475 naira on Monday from 470 at close on Friday. This was a 1.06% rise.
