Dollar to Naira Exchange Rate today||How much is the current exchange rate?

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The Naira has greatly appreciated against the dollar at the parallel market.

Dollar to Naira Exchange Rate today||How much is the current exchange rate?

As at now, the Nigerian currency traded at N365 to a dollar, stronger than N366 its closing rate on Tuesday, while the pound sterling and the Euro exchanged at N468 and N412, respectively.

Trading at the official interbank market saw the naira closed at N305.50, while the pound sterling and the Euro traded at N395.59 and N347.38, respectively.

The naira also extended gains at the import/export window as it closed atN365 to the dollar.

Dollar to Naira Exchange Rate today||How much is the current exchange rate???

Traders expressed confidence in the ability of the Central Bank of Nigeria (CBN) to stabilise the market through its interventions.

CBN’s intervention at the foreign exchange market has continued to impact the market positively as the naira had remained stable in the past three months.

A lot of Nigerians are really worried that the relative stability in the foreign exchange market had failed to stem the rising prices of commodities in the economy. This as been a concern to all Nigeria.

Dollar to Naira Exchange Rate today||How much is the current exchange rate???

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12 thoughts on “Dollar to Naira Exchange Rate today||How much is the current exchange rate?

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