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© OKN MEDIA PUBLISHING 2022 - All rights reserved
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Naira Sells at N450/$ As Naira Continue to Strengthen Further Against Dollar

Farouk Mohammed
By Farouk Mohammed
Published: February 27, 2017
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The Nigerian Naira on Monday continued to strengthen against the dollar and other major currencies, the News Agency of Nigeria (NAN) reports.

The Nigerian currency gained N10 to exchange at N450 to a dollar at the parallel market, while the Pound Sterling and the Euro exchanged at N560 and N470.

At the Bureau De Change (BDC) window, the Naira was sold at N399 to a dollar, CBN controlled rate, while the Pound Sterling and the Euro closed at N610 and N500 .

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The Naira traded at N305.50 to a dollar at the inter-bank market.

Traders at the market expressed confidence in the new FOREX policy and its ability to restore the Naira to its lost glory.

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ByFarouk Mohammed
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Farouk Mohammed is a Head Editor at Okay Nigeria (Okay.ng). He has been publishing for 10 years and focused more on Local/World News on Okay.ng
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Dollar/Naira Rates

Dollar to Naira Exchange Rate

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Buy Rate ₦1,605.00
Sell Rate ₦1,620.00

Last updated: 4 days ago (June 3, 2025 2:33 pm)

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