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Naira/$ On Parallel Market

LEADERSHIP News by LEADERSHIP News
2 years ago
in Business
Naira is Nigeria's currency, Dollar is recognised world currency

Naira is Nigeria's currency, Dollar is recognised world currency

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Dollar to Naira exchange rate in Nigeria the parallel market was between N1380 and N1410 with an average of N1,400.00 yesterday according to 3 sell rates

For the last seven days, between 17/01/2024 and 24/01/2024, Dollar to Naira black market sell rate took values between N1300 and N1380 with an average of N1,352.92.

When we compare today’s (25/01/2024) values with the last seven days, average Dollar to Naira rate had a 47.08 points depreciation from N1,352.92 to N1,400.00 which corresponds to a 3.48 per cent fall.

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