Some of the more popular rates include U.S. dollar to euro, Japanese yen to U.S. dollar, and British pound to euro. Foreign exchange markets use a three-letter code to denote a country’s currency.

Japanese yen and U.S. dollar banknotes are seen with a currency exchange rate graph in this illustration picture taken June 16, 2022. REUTERS/Florence Lo/Illustration/File Photo Purchase Licensing ...

Data from the Nigerian Foreign Exchange Market (NFEM) shows that the official exchange rate for Wednesday, July 9, 2025, settled at N1,520.74 per dollar from N1,529.22 the previous day.