By Adedapo Adesanya The Naira depreciated against the Dollar across the various key cities in Nigeria at the Bureau De Change (BDC) segment of the foreign exchange market on Wednesday, May 20. According to data harvested by Business Post from the Association of Bureaux De Change Operators of Nigeria (ABCON), the value.
The page provides data about today's value of one dollar in Nigerian Naira. The interactive form of the currency calculator ensures navigation in the actual quotations of world currencies according to “Open Exchange Rates” and displays the information in a graph.
The weak value of the naira also means that the government will have to spend more in repaying its dollar-backed loans. Economists have argued that a unified exchange rate will help roll back the.
The unfortunate situation led to panic among the country's Bureau De Change (BDC) operators, a development which eventually led to the naira being exchanged for N405 and N420 to a dollar on.
Re: History Of Naira To Dollar Exchange Rate (1972-2019) by Fragility6: 1:06pm On Aug 02, 2019 Under our Saint Obi president. The one who never steals, white as snow,our everlasting perfect presido, naira increased two times from 199-300 and 300-363.
Exchange rate in the last 30 days. The exchange rate for the Dollar has decreased -0,64% against the Nigerian naira in the last 30 days, falling from 390,01 to 387,50 Nigerian naira per Dollar. Today, you will get fewer Nigerian naira for an amount in Dollars than you would have just a month ago. 30 days ago.
Naira used to be of higher value than dollar until 1986. 10 Factors Affecting Increase and Fall In Price of Dollar Rate In Nigeria While we grumble about the increase and fall, in price of dollar rate in Nigeria that has barely favored us as at in the past, we have ourselves to blame in most aspects.
The Nigerian Naira suffered a continuous decrease in value in parallel market yesterday March 12, as it exchanged between N405 and N420 to a dollar in some Bureau De Change facilities. President of Association of Bureaux De Change Operators of Nigeria (ABCON), Aminu Gwadabe who confirmed the development, blamed it all on the crash in the price of crude oil.
The value of 200000 USD in Nigerian Naira for the month (30 days) increased by: 0.0 NGN. Lastest Convert Queries 6270 Hong Kong Dollar to Malaysian Ringgit.
To get the Official Central Bank of Nigeria (CBN) daily exchange rate of the Dollar to Naira, always check on this spot for future updates as the figures are been updated in realtime. Terms You Should Know About Dollar to Naira Exchange Rate. The exchange rate of the United State Dollar (USD) to Naira differs among financial institutions in Nigeria and various parallel or black market win.
Oyetunji Abioye The naira was sold at the parallel market for 440 per dollar on Sunday, as the lingering foreign exchange scarcity increased to a new level. The local currency, which closed at 43.
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At the Bureau De Change (BDC) segment, the naira traded at N360 to the dollar, while the Pound Sterling and the Euro closed at N470 and N408. Trading at the investors window saw the naira closing at N361.49 to the dollar as market turnover stood at 292.34 million dollars.