(C): Twitter
Nigeria’s foreign exchange market continues to show gradual changes as the Naira adjusts to both local and global economic pressures. According to the Central Bank of Nigeria (CBN), exchange rates as of August 25, 2025, reflect a mixed performance: some currencies gained slightly against the Naira, while others lost ground.
Among the notable movements, the Danish Krone (DKK) posted the largest daily gain, while the West African CFA Franc (XOF) recorded the sharpest decline both daily and weekly. These shifts may seem minor on the surface, but they highlight ongoing trends—such as the strengthening of European currencies and the continued vulnerability of regional currencies like the CFA Franc.
The Swiss Franc (CHF) also stood out, gaining over ₦15 within a week, suggesting growing investor confidence in safe-haven currencies amid global uncertainty. Meanwhile, the Naira held relatively steady against the US Dollar, showing only a 0.09% daily change, which could indicate short-term market stability.
| Currency | Sell Rate (₦) | Buy Rate (₦) | Daily Change (%) |
| USD (US Dollar) | ₦1,536.42 | ₦1,535.42 | +0.09% |
| EUR (Euro) | ₦1,797.62 | ₦1,796.45 | +0.88% |
| GBP (British Pound) | ₦2,075.71 | ₦2,074.36 | +0.69% |
| ZAR (South African Rand) | ₦87.42 | ₦87.36 | +0.44% |
| RMB (Chinese Yuan) | ₦214.83 | ₦214.69 | +0.49% |
| JPY (Japanese Yen) | ₦10.42 | ₦10.42 | +0.83% |
| XOF (West African CFA Franc) | ₦2.72 | ₦2.70 | -0.32% |
| SAR (Saudi Riyal) | ₦409.48 | ₦409.22 | +0.11% |
| WAUA (West African Unit of Account) | ₦2,092.47 | ₦2,091.10 | -0.27% |
| CHF (Swiss Franc) | ₦1,913.83 | ₦1,912.59 | +0.79% |
| DKK (Danish Krone) | ₦240.80 | ₦240.64 | +0.88% |
The West African CFA Franc (XOF) recorded the steepest fall for the week, slipping from ₦2.73 to ₦2.72, a 0.52% decline. This continued slide may indicate structural weaknesses in regional economies or a stronger Naira base for now.
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