According to the Central Bank of Nigeria, the naira exchange rate is market determined. This simply means that the exchange rate is not fixed or at a constant rate. It is determined based on demand and supply. With the state of currency exchange rate fluctuation, there has never been a good time to stay updated with the exchange rates of the Nigerian banks.
It is very normal that all Nigerian Banks dollar to naira exchange rate won’t be the same. So, bookmark this page as we will constantly be updating it with the latest exchange rates of Nigerian Banks. Only major Nigerian banks will be listed in this article. This is because they are over 50 banks currently operating within the country.
Full list of Nigerian Banks Exchange rate today June 2019;
Access Bank Plc exchange rate
• 1 USD = NGN 366
• 1 GBP = NGN 502
• 1 EURO = NGN 465
• 1 CAD = NGN 299
• 1 YEN = NGN 3.23
• 1 Renminbi = NGN 55.23
• 1 Rand = NGN 25.45
• 1 INR = NGN 5.39
Ecobank exchange rate
• 1 USD = NGN 360
• 1 GBP = NGN 477
• 1 EURO = NGN 412
• 1 CAD = NGN 280
• 1 YEN = NGN 3.16
• 1 Renminbi = NGN 54.33
• 1 Rand = NGN 25.72
• 1 INR = NGN 5.44
Fidelity Bank exchange rate
• 1 USD = NGN 369
• 1 GBP = NGN 500
• 1 EURO = NGN 410
• 1 CAD = NGN 291
• 1 YEN = NGN 3.17
• 1 Renminbi = NGN 54.67
• 1 Rand = NGN 24.78
• 1 INR = NGN 5.31
First City Monument Bank (FCMB) exchange rate
• 1 USD = NGN 369
• 1 GBP = NGN 500.5
• 1 EURO = NGN 410.5
• 1 CAD = NGN 286
• 1 YEN = NGN 3.26
• 1 Renminbi = NGN 56.37
• 1 Rand = NGN 25.79
• 1 INR = NGN 5.49
First Bank of Nigeria exchange rate
• 1 USD = NGN 380.5
• 1 GBP = NGN 482.5
• 1 EURO = NGN 411
• 1 CAD = NGN 301
• 1 YEN = NGN 3.24
• 1 Renminbi = NGN 56.78
• 1 Rand = NGN 25.62
• 1 INR = NGN 5.34
GTBank exchange rate
• 1 USD = NGN 365.5
• 1 GBP = NGN 471
• 1 EURO = NGN 412.5
• 1 CAD = NGN 277
• 1 YEN = NGN 3.23
• 1 Renminbi = NGN 54.09
• 1 Rand = NGN 39
• 1 INR = NGN 5.32
Polaris Bank exchange rate
• 1 USD = NGN 366.5
• 1 GBP = NGN 489.5
• 1 EURO = NGN 412.3
• 1 CAD = NGN 288
• 1 YEN = NGN 3.29
• 1 Renminbi = NGN 55.09
• 1 Rand = NGN 28
• 1 INR = NGN 5.41
Stanbic IBTC Bank exchange rate
• 1 USD = NGN 368
• 1 GBP = NGN 486
• 1 EURO = NGN 428
• 1 CAD = NGN 284
• 1 YEN = NGN 3.28
• 1 Renminbi = NGN 56.78
• 1 Rand = NGN 27.8
• 1 INR = NGN 5.78
Sterling Bank exchange rate
• 1 USD = NGN 363
• 1 GBP = NGN 486.5
• 1 EURO = NGN 420
• 1 CAD = NGN 283
• 1 YEN = NGN 3.25
• 1 Renminbi = NGN 55.67
• 1 Rand = NGN 26.82
• 1 INR = NGN 5.56
United Bank of Africa (UBA) exchange rate
• 1 USD = NGN 367
• 1 GBP = NGN 489
• 1 EURO = NGN 419.5
• 1 CAD = NGN 282.5
• 1 YEN = NGN 3.29
• 1 Renminbi = NGN 57.12
• 1 Rand = NGN 28.12
• 1 INR = NGN 5.55
Union Bank exchange rate
• 1 USD = NGN 361
• 1 GBP = NGN 467
• 1 EURO = NGN 432
• 1 CAD = NGN 290
• 1 YEN = NGN 3.41
• 1 Renminbi = NGN 54.99
• 1 Rand = NGN 27.33
• 1 INR = NGN 5.59
Wema Bank exchange rate
• 1 USD = NGN 375
• 1 GBP = NGN 465.5
• 1 EURO = NGN 425
• 1 CAD = NGN 288
• 1 YEN = NGN 3.39
• 1 Renminbi = NGN 56.80
• 1 Rand = NGN 26.78
• 1 INR = NGN 5.39
Zenith Bank exchange rate
• 1 USD = NGN 367
• 1 GBP = NGN 478
• 1 EURO = NGN 433
• 1 CAD = NGN 276
• 1 YEN = NGN 3.38
• 1 Renminbi = NGN 56.78
• 1 Rand = NGN 26.78
• 1 INR = NGN 5.46
It is actually hard to trade using the official rate made available by the Central Bank of Nigeria (CBN). Commercial banks will only make use of that rate, when you’re selling foreign currency to them. Don’t forget to visit this page daily to compare the Nigerian Banks exchange rate before your transactions.