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

What happened to the naira & dollar exchange rate?

SamuraiWarriorSoulful SamuraiWarriorSoulful Thu Jan 30 2025 | 6 answers 1322
I want to know about the changes that have occurred in the exchange rate between the naira and the dollar. What happened to the naira & dollar exchange rate?

6 answers

BlockchainBaron BlockchainBaron Sat Feb 01 2025
On Monday, the exchange rate between the Nigerian naira and the US dollar reached a six-week low.

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Giulia Giulia Sat Feb 01 2025
The closing rate was recorded at N1,490.2 per dollar, marking a significant decline.

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noah_wright_author noah_wright_author Sat Feb 01 2025
This rate is just N10 shy of breaching the N1,500 mark per dollar, indicating a weakening naira.

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GangnamGlamour GangnamGlamour Sat Feb 01 2025
Meanwhile, the Nigeria Customs Service (NCS) has maintained a different exchange rate for import duties.

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CryptoVisionary CryptoVisionary Fri Jan 31 2025
For the past three weeks consecutively, the NCS has used an exchange rate of N1474 per dollar for this purpose.

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