The dollar to naira exchange rate continues to be a key focus for Nigerians, with the local currency trading at different levels in the official and parallel markets. The official Nigerian Foreign Exchange Market rate is about N1,321.68 per US dollar, while the parallel market quotes approximately N1,395 for buying and N1,405 for selling. This means $100 is worth about N132,168 at the official rate and about N140,500 in the parallel market.
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