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Naira Exchange Rate

Nigeria Naira exchange rate tracker. Naira to Dollar Parallel market Tracker. Naira To Dollar CBN rate tracker.

Market Watch

Report Predicts Naira Stabilization Against Dollar in Fourth Quarter of 2024

musteey -
The value of Nigeria's money, called the naira, is predicted to become steady compared to the US dollar by the end of 2024. It will be in a strong position by then.This prediction comes from a new report by...
Market Watch

Naira Gains 1.69% in I&E Window as Global Crude Prices Near $80

musteey -
On October 4, 2024, the money called naira got a little stronger against the U.S. dollar. It ended the day at N1,631.21 when people exchanged money. This happened while the world oil price was thinking about reaching $80 per...
Market Watch

CBN Sold $543.5 Million in Foreign Exchange to Nigerian Banks in September to Curb Volatility

musteey -
The Central Bank of Nigeria (CBN) told everyone that they gave $543.5 million to certain banks between September 6 and September 30.Omolara Duke, who works at the CBN, said this happened over 11 days in a way that lets...
Market Watch

BDCs Claim IMTOs Are Undermining External Remittances and Causing Dollar Scarcity in the Parallel Market

musteey -
In Nigeria, the people who sell and exchange money, called Bureau De Change (BDC) operators, say that the value of the Naira has gone down because there is less foreign money available. This is happening because places where they...
Market Watch

Naira Strengthens Against Dollar, Closing at N1,659.26 in I&E Window

musteey -
On October 3, 2024, Nigeria's money, called the naira, became a little stronger compared to the U.S. dollar. It was worth N1,659.26 at the end of the day when people were exchanging money in the official Investor and Exporter...
Market Watch

U.S. Dollar knocks down Naira in final trading session of August

musteey -
The local currency slumped against the haven currency in the official trading session of the month, while the dollar index showed some gains on Friday. The naira settled at N1,598/$1 at the official window, according to data from the Nigerian...
Market Watch

Naira Drops 8.25% in I&E Window as Market Turnover Hits $176 Million

musteey -
On October 2, 2024, the Nigerian naira lost value compared to the US dollar. It closed at N1,669.15 in the special I&E market where investors trade currencies.This was an 8.25% drop from N1,541, which was the value at the...
Market Watch

Naira Hits Seven-Month Low in Parallel Market as September Ends

musteey -
In September 2024, the Naira ended at N1,541 on the official NAFEM window. This was a bit better than its performance in July and August 2024.But, in the parallel market, the Naira wasn't doing so great. It dropped to...
Market Watch

Naira Exhibits Moderate Gains in Official Market During September

musteey -
The Nigerian currency, called the naira, had a tough end last month. On Monday, September 30, 2024, it was trading at N1,541.94 for $1. But during the whole month, it showed some strength. At the beginning...
Market Watch

Exchange Rate for Customs Duty Collection Decreases to N1,637 per USD

musteey -
The exchange rate for customs duties is now N1,637 to $1, which is lower than last week's N1,666 per dollar. The customs exchange rate has been...
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Healthmusteey -

Nigeria's population could rise to 450 million by 2050: experts

Experts have expressed concern about the possible increase in Nigeria's population, which could reach 450 million by 2050 if...
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