As Forex continues to be scares in Nigeria, banks have been empowered to determine their exchange rates.
The free floating market policy adopted by the federal government through the Central Bank of Nigeria (CBN) can result in more frequent fluctuations of the currency’s exchange rate.
Read Also: Dollar To Naira Exchange Rate For Today
Commercial banks in the country have been empowered to determine their individual exchange rates as convenient.
The exchange rate of the dollar to the Naira has continued to fluctuate even with the efforts of the federal government.
So, for those needing dollars for BTA, PTA or for business purposes know that the exchange rate is not static.
Below are the dollar to Naira exchange rate as obtainable in commercial banks in Nigeria, today.
- UBA Exchange Rates
- USD ₦ 490
-
Ecobank Transnational Inc. Exchange Rates
- USD ₦ 462, EUR ₦ 514
-
Zenith Bank PLC Exchange Rates
- USD ₦ 461, EUR ₦ 479.17
-
Access Bank PLC Exchange Rates
- USD ₦ 505, EUR ₦ 531
-
GTBank Exchange Rates
- INR ₦ 6.2, USD ₦ 490
-
First Bank of Nigeria Exchange Rates
- GBP ₦ 706, EUR ₦ 602
-
Stanbic IBTC Bank Exchange Rates
- USD ₦ 475, EUR ₦ 543
-
FCMB Exchange Rates
- EUR ₦ 636, CAD ₦ 392
-
Fidelity Bank Exchange Rates
- USD ₦ 533, EUR ₦ 577
-
Sterling Bank PLC Exchange Rates
- USD ₦ 480, GBP ₦ 619
Read Also: Black Market: Dollar To Naira Exchange Rate
-
Union Bank of Nigeria PLC Exchange Rates
- USD ₦ 414, EUR ₦ 484
-
Standard Chartered Bank Exchange Rates
- USD ₦ 463, EUR ₦ 536
-
Wema Bank Nigeria Exchange Rates
- USD ₦ 502, GBP ₦ 628
-
Polaris Bank Limited Exchange Rates
- GBP ₦ 672, CAD ₦ 382
