In A Surprising Positive Trend, The Naira Closed Last Year In The Parallel Market At N1,215/$1.00, After It Had Previously Hit N1,800/$1.0 Quarter Average In The Third Quarter Of.

The rate had also closed at ₦. The exchange rate at the parallel market closed flat at n587/$1, the same as recorded in the previous trading session. ₦1,630.00 this exchange rate highlights the.

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The pressure on the foreign exchange (fx) market eased, on thursday, as naira steadied against the united states dollar in the parallel market. Naira weakens further, closes the week at n1,544.50/$1 on official market, hits n1,647/$1 in parallel market While bitcoin layer 2s are a hot topic on crypto twitter, adoption may lag behind ethereum l2s.

Data From Fmdq On Friday Showed That The Indicative Exchange Rate For Nafem Fell To N1,435.53 Per Dollar From N1,461.9 Per Dollar On Thursday, Indicating N26.37 Appreciation.

This is according to information obtained from bdcs. In the parallel market, however, the naira hit its lowest point in seven months, closing september at n1,700/$—the weakest level since february 2024. The dollar to naira black market exchange rate for today, 28th january 2025, is as follows:

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Before the marginal gain, the naira had lost 26.2 per cent in two weeks when compared to n1,125 per dollar quoted on april 12, 2023, on the parallel market, popularly. The naira began this week continuing its appreciation at the parallel market where it closed monday’s trading activities selling at n1,650 to the dollar, a n10 or 0.6 per cent. Get the latest 1 nigerian naira to us dollar rate for free with the original universal currency converter.

See The Naira Performance Across Various Currencies.

For the first time this week, the naira recovered significantly against the united states dollar at the nigerian autonomous foreign exchange market (nafem), the country’s. A lack of widespread understanding and enthusiasm. The naira continued its downward trend on wednesday, depreciating to n1,600 per dollar in the parallel market, compared to the n1,585 per dollar rate recorded on tuesday.