CNY/NGN
Chinese Yuan to Naira Black Market Rate Today
Live Chinese Yuan to Nigerian Naira exchange rate. Black market BDC rate cross-rated from USD and official rate from the Central Bank of Nigeria.
Price history
Parallel market sell rate · daily close
CNY/NGN Rate: Last 30 Days
Chinese Yuan to Naira black market rate: key facts
As of 17 Sept, 10:05 pm WAT, BDC operators are buying CNY at ₦189.45 and selling at ₦209.78. The spread (the difference between buy and sell) is ₦20.33 per CNY. The official CBN rate for CNY/NGN is ₦198.00.
Chinese yuan to naira for importers
China is Nigeria's largest import source. Importers sourcing goods from Yiwu, Guangzhou, and Shanghai calculate costs in CNY. The yuan-to-naira rate here is derived from USD/NGN and CNY/USD cross-rates. Changes in US-China trade policy or CNY devaluation can shift this rate meaningfully even when the naira-dollar rate stays flat.
Official CBN rate vs black market rate for CNY
The CBN publishes an official rate for CNY/NGN through the NAFEM window for regulated transactions. The black market rate is typically higher because official supply cannot meet demand. Today the gap between the two is approximately ₦12 per CNY.
