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Daily dollar rate report

Nigerian Naira Vs U.S. Dollar: What To Expect This Week (17th-22nd, March 2025)

Naira Plunges To N1,099/$1 In Official Market, Triggering Economic Concerns Ahead Of Christmas

The Nigerian Naira hit an unprecedented low, closing at N1,099.05 per dollar on Friday, December 8th, 2023, in the official market. This marked a staggering depreciation from its previous rate, setting a new and concerning trend just weeks before the Christmas holidays.

December 8, 2023

Naira Appreciates, Ends Week Positive Across Official, Black Markets

Business·Currency·News

Naira Gains 12.83% Against Dollar, Closes At N843/$1 Amid Forex Dynamics

In a turnaround, the Nigerian Naira staged a robust recovery against the dollar on Thursday, skyrocketing by 12.83% at the official market, reclaiming ground after its plunge. “Confidence makes foreigners want to come to invest in your country and make locals want

December 8, 2023

Business·Currency·News

Naira Appreciates To N806.73/$1, Forex Turnover Hits $142.63m Amidst Stability Efforts

In a turn of events on Tuesday, the Nigerian naira exhibited an uptick against the dollar, closing at N806.73/$1 in the official market, marking a 3.85% appreciation. The Forex turnover surged by 92.93%, hitting $142.63 million, according to data from the Nigerian

December 6, 2023

Business·Currency·News

Naira Slumps To N1130/$1 Despite Prior Gains; CBN’s Measures In Focus

In a turn of events, the Nigerian naira faced a downward spiral against the US dollar, hitting an intraday high of N1130/$1 at the official market, signaling a concerning trend for the local currency. Despite this decline, the naira closed on par

November 28, 2023

Gold remains too hot to chase, too hot to short

Business·Currency·News·World News

Global Investors Brace For Central Bank Showdown: Dollar Weakens, Gold Shines

In a week marked by pivotal central bank meetings, global financial markets remain relatively calm as investors prepare for key policy decisions. The US Dollar Index slips after nine weeks of gains, while gold shines amidst receding US yields. As the week

September 18, 2023

Naira Ends Week With N59.71 Gain At Official Market

Business·Currency

Black Market Dollar Rate Rises, Naira Gains Against USD In Official Market

The exchange rate for the Naira to Dollar transaction was N760.87 kobo/$1 in the Bureau De Change window of the black market earlier on Thursday, 25 May 2023. On Wednesday, foreign exchange traders bought the United States Dollar at N756.85 rate, which

May 25, 2023

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Daily dollar rate report

Naira Plunges To N1,099/$1 In Official Market, Triggering Economic Concerns Ahead Of Christmas

Naira Gains 12.83% Against Dollar, Closes At N843/$1 Amid Forex Dynamics

Naira Appreciates To N806.73/$1, Forex Turnover Hits $142.63m Amidst Stability Efforts

Naira Slumps To N1130/$1 Despite Prior Gains; CBN’s Measures In Focus

Global Investors Brace For Central Bank Showdown: Dollar Weakens, Gold Shines

Black Market Dollar Rate Rises, Naira Gains Against USD In Official Market

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Daily dollar rate report

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