GREY USD/NGN: ₦1,640 ▲ GEEGPAY USD/NGN: ₦1,645 ▲ PAYONEER USD/NGN: ₦1,580 ▼ CHIPPER USD/NGN: ₦1,650 ▲ EVERSEND USD/NGN: ₦1,620 ▼ LEMONADE/LEMFI: ₦1,642 ▲
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Understanding the NAFEX Window vs Parallel Market FX Spread in Daily Banking

Understanding how the Central Bank of Nigeria (CBN) autonomous market rate (NAFEX) compares to the unofficial parallel market spread empowers you to make smarter currency exchange decisions.

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PayGuide Editorial Team

Our editorial team consists of finance experts and remote workers testing payment gateways, virtual cards, and domiciliary accounts across Africa.