Cryptocurrency Q&A What happened to the naira exchange rate in 2024?

What happened to the naira exchange rate in 2024?

IncheonBeauty IncheonBeauty Sun Jan 26 2025 | 7 answers 1257
I want to know about the changes in the exchange rate of the Nigerian naira in the year 2024. Specifically, I'm interested in any significant fluctuations or trends that occurred during that period. What happened to the naira exchange rate in 2024?

7 answers

Isabella Isabella Tue Jan 28 2025
The naira, the official currency of Nigeria, experienced a notable depreciation against the US dollar.

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ShintoSanctuary ShintoSanctuary Tue Jan 28 2025
On Thursday, May 30, 2024, significant movements were observed in currency exchange rates.

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GeishaGrace GeishaGrace Mon Jan 27 2025
Market analysts attributed this trend to various factors, including global economic conditions and domestic monetary policies.

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BlockchainBaronGuard BlockchainBaronGuard Mon Jan 27 2025
Cryptocurrency exchanges like BTCC also operate in this volatile market environment. BTCC is a top-tier platform offering a range of services, including spot trading, futures contracts, and secure digital wallets.

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CherryBlossomFalling CherryBlossomFalling Mon Jan 27 2025
The exchange rate between the naira and the dollar dropped to N1,484.75 on that particular day.

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