Nigerian Naira Official CBN Exchange Rates; July 28, 2025.

Nigerian Naira Official CBN Foreign Exchange Rates; July 28, 2025, A Complete Market Overview.

The Central Bank of Nigeria has released the official Foreign Exchange rates for 28 July 2025. Here is list of how the Nigerian Naira is performing against The Worlds Major Currencies.

Nigerian Foreign Exchange Market (NFEM) Rates for July 28, 2025.

Major Currency Exchange Rates

US Dollars(USD)

Buying Rate:1,533.21

Central Rate:1,533.71

Selling Rate:1,534.21

British Pound Sterling (GBP)

Buying Rate:2,058.03

Central Rate:2,058.70

Selling Rate:2,059.37

Euro (EUR)

Buying Rate:1,785.58

Central Rate:1,786.16

Selling Rate:1,786.74

Swiss Franc (CHF)

Buying Rate:1,914.84

Central Rate:1,915.46

Selling Rate:1,916.08

Japanese Yen (JPY)

Buying Rate:10.35

Central Rate:10.35

Selling Rate:10.36

Chinese Yuan/Renminbi (CNY)

Buying Rate:213.61

Central Rate:213.68

Selling Rate:213.75

Additional International Currencies

Saudi Riyal (SAR)

buying Rates:408.69

Central Rates:408.83

Selling Rates:408.96

South African Rand (ZAR)

Buying Rates:85.81

Central Rates:85.84

Selling Rates:85.87

Danish Krona (DKK)

Buying Rates:239.23

Central Rates:239.31

Selling Rates:239.39

Regional African Currency

CFA Franc

Buying Rates:2.72

Central Rates:2.73

Selling Rates:2.74

International Monetary Units

SDR (Special Drawing Rights)

Buying Rates:2,100.19

Central Rates:2,100.87

Selling Rates:2,101.56

West African Unit of Account (WAUA)

Buying Rates:2,100.19

Central Rates:2,100.87

Selling Rates:2,101.56

Major Currency Analysis

US Dollars- Nigeria's Primary Trading Partner

At the Central of N1,533.71 /USD, It is the the most watched pair for Nigerian Businesses and individuals, the tight spread of 1 Naira between the Selling and Buying price indicates a good market liquidity

British Pounds: Strongest against the Naira

The Pounds commands the highest rate at N2058.70, against the Naira, indicating a strong UK Economy

Euro- European Trade Benchmark

This rate affects everything that is imported from the European Union to Nigeria

Asian Currency Analysis

Chinese Yuan

At N213.68, it shows Chinas growing Economic relationship with Nigeria.

Japanese YEN

With the lowest rate at N10.35, makes Japanese imports relatively affordable.

Regional Currency Highlights

West African Economic Integration

The CFA franc at N2.73 represents Nigeria's trading relationship with Her Francophone Neighbors. This rate is crucial for cross border trade within the ECOWAS Region.

International Monetary Units

• SDR (Special Drawing Rights):N2100.87-The IMF's International reserve Asset
• WAUA(West African Unit of Account):N2100.87- It is important for regional Economic planning.

These are Official CBN rates for July 28,2025. Actual transaction rates may vary by institution. Always confirm Current rates with authorized Dealers before any Foreign Exchange Transactions. 

  This is not a financial, investment, Business or Economic Advise, all due diligence and research must be carried out before, Business, Financial, investment or Economic related decisions are made. 

Original Article Rewritten with analysis by AI ,and vetted by Our Editorial Team