CBN Official Exchange Rates: Naira Weakens Against Euro and Rand
-
Hassan Rahim
- . August 28, 2025
- . Update: August 28, 2025 1:27 pm
The Central Bank of Nigeria (CBN) has published its official exchange rates for August 27, 2025, reflecting mild fluctuations in the Naira’s value against key international currencies. While the Naira remained relatively stable against the US Dollar, it saw more pronounced drops against the Euro and South African Rand.
Here’s a concise summary of how the Naira performed today, and the major shifts to watch this week.
CBN Official Exchange Rates as of August 27, 2025
| Currency | Buy Rate (₦) | Sell Rate (₦) | Daily Change (%) |
|---|---|---|---|
| USD | 1,536.07 | 1,537.07 | -0.04% |
| EUR | 1,780.77 | 1,781.93 | -0.63% |
| GBP | 2,065.41 | 2,066.75 | -0.36% |
| ZAR | 86.42 | 86.48 | -0.84% |
| JPY | 10.37 | 10.38 | -0.35% |
| RMB (Yuan) | 214.50 | 214.64 | -0.10% |
| CHF | 1,907.93 | 1,909.17 | -0.16% |
| XOF (CFA Franc) | 2.71 | 2.73 | -0.27% |
| SAR | 409.35 | 409.61 | -0.04% |
| DKK | 238.50 | 238.65 | -0.65% |
| WAUA | 2,099.95 | 2,101.31 | -0.12% |
Daily and Weekly Movement Overview
- Biggest Daily Drop: The South African Rand led the day’s losers with a 0.84% decline, bringing the rate to ₦86.48.
- USD Stability: The Naira stayed nearly flat against the US Dollar, with only a 0.04% change.
- Weekly Trend: From August 25 to 27, the Rand fell by 1.07%, while the CFA Franc posted the week’s top gain, rising 0.58%.
Today’s CBN rates reflect a cautious market where the Naira is under pressure from multiple fronts. While some currencies saw marginal changes, losses against the Euro and Rand may indicate broader currency weakness. The Central Bank’s continued intervention will be crucial to maintaining stability in the face of global economic uncertainty.
