Monday, August 3, 2026 — The Central Bank of Nigeria (CBN) has released its official exchange rates for the Nigerian naira against major international currencies.
According to the latest figures, the official exchange rates (NFEM) are as follows:
• 1 United States Dollar (USD) = ₦1,364.8344
• 1 British Pound Sterling (GBP) = ₦1,837.8860
• 1 Euro (EUR) = ₦1,573.9270
The updated rates reflect the official value of the naira in the foreign exchange market and serve as a benchmark for authorized financial institutions and currency transactions across the country.
Individuals and businesses are encouraged to monitor official exchange rate updates regularly, as foreign exchange values may fluctuate in response to market conditions and monetary policy.
For more exchange rate updates, market news, and financial insights,
visit NewsBlist Blog
Share Your Thoughts