Connect with us
nairametrics

Currencies

Investors flock to US dollar, as Gold, Bitcoin, Global Stocks record heavy sell-offs

The US dollar is stronger this morning on the back of a marked drop in risk appetite in European and US markets.

Published

1 month ago

on

Investors flock to US dollar, Gold, Bitcoin, as Global Stocks record heavy sell-offs, Twitter Poll: Bitcoin price expected to reach $100,000 by 2021, cybercriminals, What it will take Bitcoin to hit $100,000?

The U.S dollar closed high on Monday, hitting a six-week high, as currency traders and global investors rushed into the safe-haven currency.

This is coming on growing COVID-19 fears and worries over the U.S. Congress’ stimulus impasse drove a heavy sell-off in almost all other assets that include gold, Bitcoin, and Stocks.

What we now; At the time this report was drafted, Bitcoin traded at $10,463.98 with a daily trading volume of $23,554,819,012. BTC price is down -4.6% in the last 24 hours.

READ: U.S dollar drops lower, as U.S Federal Reserve plans on boosting inflation

Overnight on Wall Street, the Dow Jones Industrial Average fell 1.84%, the S&P 500 lost 1.16%, and the Nasdaq Composite dropped 0.13%.

GTBank 728 x 90

Gold spot lost about 2.1% to trade at $1,909.05 per ounce on Monday, after falling as much as 3.4% earlier in the session, its lowest since Aug. 12. U.S. gold futures settled down 2.6% at 1,910.60.

Australia’s S&P/ASX 200 dropped 0.7% pressured by miners and energy stocks, while China’s blue-chip index shed 0.1% and Hong Kong’s Hang Seng index was down 0.5%. Japanese markets were closed for a public holiday

READ: U.S stock futures trade flat, Apple regains $2 trillion market value

GTBank 728 x 90

However, at the time this report was drafted, U.S. Dollar Index, which tracks the greenback against a basket of other currencies, dropped some gains to trade at 93.608

Quick fact: The U.S. Dollar Index tracks the greenback against a basket of major global currencies such as the Japanese yen, British pound sterling, Swedish Krona, Euro, etc. Individuals hoping to meet foreign exchange payment obligations via dollar transactions to countries like Europe, and Japan, would need to pay more dollars in fulfilling such payment obligations.

READ: FIRS generates N490 billion tax revenue in July, collects 89% from non-oil sector

Stephen Innes, Chief Global Market Strategist at AxiCorp in a note to Nairametrics gave vital insights on the safe-haven currency, saying:

“The US dollar is stronger this morning on the back of a marked drop in risk appetite in European and US markets, but off overnight highs, as US stocks are rebounding in good order.

Jaiz bank ads

“Two factors explain much of the risk aversion. Banking shares are sharply lower following the International Consortium of Investigative Journalists report examining bank behavior in the context of Suspicious Activity Reports. Travel and leisure names are weaker in Europe on the back of continued angst around the rising COVID-19 case count in the Eurozone and the UK.

Fidelity ads

“The fickle nature of currency trading these days suggests that as US stocks fall, the USD rises, reflecting the USD’s dominance in demand when there are big down moves in risk sentiment.”

Related Topics:

Olumide Adesina is a France-born Nigerian. He is a Certified Investment Trader, with more than 15 years of working expertise in Investment Trading and Financial Market Analysis. Member of the Chartered Financial Analyst Society. You can follow Olumide on Twitter @tokunboadesina or email [email protected]

Click to comment

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Currencies

Ripple considers moving to London

Ripple is considering moving its headquarters overseas due to the complexity in U.S regulations.

Published

3 days ago

on

October 23, 2020

By

ripple cryptocurrency, XRP

Ripple, the $10 billion fintech juggernaut, popularly known for its crypto coin XRP is considering moving its headquarters overseas due to the complexity in U.S regulations affecting Crypto startups.

Ripple CEO Brad Garlinghouse, in a note to CNBC, disclosed that the  U.K. markets watchdog the Financial Conduct Authority doesn’t regard XRP security, he also added that other geopolitical regions had provided similar guarantees.

READ: Ripple Whale transfers 20,000,000 XRP to Binance

“What you see in the U.K. is a clear taxonomy, and the U.K.’s FCA took a leadership role in characterizing how we should think about these different assets and their use cases.

“The outcome of that was the clarity that XRP is not a security and is used as a currency. With that clarity, it would be advantageous for Ripple to operate in the U.K,” Garlinghouse said.

GTBank 728 x 90

In addition to the U.K., Garlinghouse said Switzerland, Singapore, Japan, and the United Arab Emirates were also considered.

READ: Chipper Cash just raised $13.8 million Series A funding

Why it’s happening; The fintech powerhouse had for months been battling with some crypto investors who accused it of selling unregistered securities and issuing misleading statements about XRP. The company denied the allegations, pushing back on the suggestion XRP qualifies as a security.

GTBank 728 x 90

That said, the Ripple payments network, RippleNet, is now live in  55 countries including Nigeria, with XRP remittances now live in five continents. RippleNet also stated that its services offering were available in 95 currency pairs, according to the fintech’s redesigned website.

Quick fact; RippleNet is a network of institutional payment-providers that include banks and payment providers that use solutions developed by

  • Ripple provides a seamless experience to send money worldwide.RippleNet uses a leverage cutting-edge blockchain technology in streamlining payments services and helps in reducing costs.
  • It should also be added that On-Demand Liquidity (ODL), Ripple’s XRP-powered cross-border payments product is available in the US, Mexico, Europe, the Philippines, and Australia.

Continue Reading

Currencies

Daily Parallel Market Exchange Rate – ₦461/$1

The US dollar closed at ₦461/US$1 in the parallel market

Published

3 days ago

on

October 23, 2020

By

Forex, NIGERIA: Daily Parallel Market, Exchange Rate

The exchange rate between the naira and the US dollar for today (Friday, October 23rd 2020), closed at ₦461/US$1 in the parallel market. The rate had also closed at ₦461/US$1 on Thursday, October 22nd 2020.

  • Naira: ₦461
  • Dollar: $1
  • Date: October 23rd, 2020

The exchange rate between the naira and the British pound sterling closed at ₦590/₤1 on Friday, 23rd October 2020. The rate had also closed at ₦590/₤1 on Thursday, October 22nd 2020.

  • Naira: ₦590
  • Pounds Sterling: ₤1
  • Date: October 23rd, 2020

Explore Economic Research Data From Nairametrics on Nairalytics

The exchange rate between the naira and the European euro closed at ₦540/€1 on Friday 23rd October 2020. The rate had also closed at ₦540/€1 on Thursday, October 22nd 2020.

  • Naira: ₦540
  • Euro: €1
  • Date: October 23rd, 2020

Activity: US Dollar closed at ₦461/US$1 in the parallel market

GTBank 728 x 90

READ ALSO: The risk of buying Forex at black market rate of N460/$1 

DateCurrencyBuy(AM)Sell(AM)Buy(PM)Sell(PM)Volatility
10/23/2020Dollar457461457461Low
10/23/2020Pounds585590585590Low
10/23/2020Euro535540535540Low
10/22/2020Dollar457461457461Low
10/22/2020Pounds585590585590Low
10/22/2020Euro535540535540Low
10/21/2020Dollar456460456460Low
10/21/2020Pounds582593582593Low
10/21/2020Euro535540535540Low
10/20/2020Dollar456460456460Low
10/20/2020Pounds582593582593Low
10/20/2020Euro535540535540Low
10/19/2020Dollar455460455460Low
10/19/2020Pounds583592583592Low
10/19/2020Euro530535530535Low
10/16/2020Dollar455460455460Low
10/16/2020Pounds583592583592Low
10/16/2020Euro530535530535Low
10/15/2020Dollar455460455460Low
10/15/2020Pounds583592583592Low
10/15/2020Euro530535530535Low
10/14/2020Dollar455460455460Low
10/14/2020Pounds585590585590Low
10/14/2020Euro530535530535Low
10/13/2020Dollar453458455460Low
10/13/2020Pounds585590585590Low
10/13/2020Euro530535530535Low
10/12/2020Dollar452458452458Low
10/12/2020Pounds580585580585Low
10/12/2020Euro530535530535Low
10/09/2020Dollar452457452457Low
10/09/2020Pounds585590585590Low
10/09/2020Euro535540535540Low
10/08/2020Dollar452457452457Low
10/08/2020Pounds585590585590Low
10/08/2020Euro535540535540Low
10/07/2020Dollar452457452457Low
10/07/2020Pounds585590585590Low
10/07/2020Euro535540535540Low
10/06/2020Dollar452457452457Low
10/06/2020Pounds580585580585Low
10/06/2020Euro535540535540Low
10/05/2020Dollar452455452455Low
10/05/2020Pounds570580570580Low
10/05/2020Euro540545540545Low
10/02/2020Dollar460465460465Low
10/02/2020Pounds575585575585Low
10/02/2020Euro530540530540Low
10/01/2020Dollar460465460465Low
10/01/2020Pounds575585575585Low
10/01/2020Euro530540530540Low
9/30/2020Dollar460465460465Low
9/30/2020Pounds570580570580Low
9/30/2020Euro530535530535Low
9/29/2020Dollar460465460465Low
9/29/2020Pounds565575570580Low
9/29/2020Euro530535530535Low
9/28/2020Dollar460465460465Low
9/28/2020Pounds565570565570Low
9/28/2020Euro530535530535Low
9/25/2020Dollar460465460465Low
9/25/2020Pounds565575565575Low
9/25/2020Euro535540535540Low
9/24/2020Dollar460465460465Low
9/24/2020Pounds565570565570Low
9/24/2020Euro535540535540Low
9/23/2020Dollar455460455460Low
9/23/2020Pounds580585580585Low
9/23/2020Euro535540535540Low
9/22/2020Dollar455460455460Low
9/22/2020Pounds575585575580Low
9/22/2020Euro530535530535Low
9/21/2020Dollar453455450455Low
9/21/2020Pounds565570565570Low
9/21/2020Euro525530525530Low
9/18/2020Dollar450460450460Low
9/18/2020Pounds575595575595Low
9/18/2020Euro535540535540Low
9/17/2020Dollar455460455460Low
9/17/2020Pounds570580570580Low
9/17/2020Euro530535530535Low
9/16/2020Dollar450460450460Low
9/16/2020Pounds565570565570Low
9/16/2020Euro525530525530Low
9/15/2020Dollar450460450460Low
9/15/2020Pounds565570565570Low
9/15/2020Euro525530525530Low
9/14/2020Dollar445455445455Low
9/14/2020Pounds560575560575Low
9/14/2020Euro515525515525Low
09/11/2020Dollar450455450455Low
09/11/2020Pounds555565555565Low
09/11/2020Euro525530525530Low
09/10/2020Dollar455460455460Low
09/10/2020Pounds545560545560Low
09/10/2020Euro525530525530Low
09/09/2020Dollar430440430440Low
09/09/2020Pounds540555540555Low
09/09/2020Euro500510500510Low
09/08/2020Dollar435440435440Low
09/08/2020Pounds540550540550Low
09/08/2020Euro505515505515Low
09/07/2020Dollar435440435440Low
09/07/2020Pounds525530525530Low
09/07/2020Euro505515505515Low
09/04/2020Dollar425440425440Low
09/04/2020Pounds560580560580Low
09/04/2020Euro505515505515Low
09/03/2020Dollar425440425440Low
09/03/2020Pounds560580560580Low
09/03/2020Euro520535505515High
09/02/2020Dollar425440425440Low
09/02/2020Pounds570580560580Low
09/02/2020Euro535540520535Low
09/01/2020Dollar462465435440High
09/01/2020Pounds565575570580Low
09/01/2020Euro535540535540Low
8/31/2020Dollar463470460465High
8/31/2020Pounds585595580590Low
8/31/2020Euro540545540545Low
8/28/2020Dollar472477472477Low
8/28/2020Pounds580595580595Low
8/28/2020Euro545552545552Low
8/27/2020Dollar472477472477Low
8/27/2020Pounds580590580590Low
8/27/2020Euro542552542552Low
8/26/2020Dollar472477472477Low
8/26/2020Pounds580590580590Low
8/26/2020Euro542552542552Low
8/25/2020Dollar472477472477Low
8/25/2020Pounds575585575585Low
8/25/2020Euro542552542552Low
8/24/2020Dollar473477473477Low
8/24/2020Pounds580590580590Low
8/24/2020Euro542550542550Low
8/21/2020Dollar474477474477Low
8/21/2020Pounds575585575585Low
8/21/2020Euro545550545550Low
8/20/2020Dollar475478473477Low
8/20/2020Pounds575585575585Low
8/20/2020Euro540550540550Low
8/19/2020Dollar475480475480Low
8/19/2020Pounds575585575585Low
8/19/2020Euro540550540550Low
8/18/2020Dollar477480477480Low
8/18/2020Pounds575580575580Low
8/18/2020Euro545550545550Low
8/17/2020Dollar470475470475Low
8/17/2020Pounds580590580590Low
8/17/2020Euro525535525535Low
8/14/2020Dollar470475470475Low
8/14/2020Pounds570580570580Low
8/14/2020Euro525535520535Low
8/13/2020Dollar470475470475Low
8/13/2020Pounds570575565575Low
8/13/2020Euro525530520530Low
08/12/2020Dollar470475470475Low
08/12/2020Pounds570575570575Low
08/12/2020Euro520530520530Low
08/11/2020Dollar477485477485Low
08/11/2020Pounds572584572584Low
08/11/2020Euro510523520535Low
08/10/2020Dollar477485477485Low
08/10/2020Pounds572584572584Low
08/10/2020Euro510523520535High
08/07/2020Dollar475486475486Low
08/07/2020Pounds578585578585Low
08/07/2020Euro536550536550Low
08/06/2020Dollar470480475486Low
08/06/2020Pounds575587578585Low
08/06/2020Euro534545536550Low
08/05/2020Dollar465475473483Low
08/05/2020Pounds570580575587Low
08/05/2020Euro525540532545Low
08/04/2020Dollar470480470480Low
08/04/2020Pounds560570560570Low
08/04/2020Euro520530520530Low
08/03/2020Dollar470480470480Low
08/03/2020Pounds560570560570Low
08/03/2020Euro520530520530Low
7/31/2020Dollar470480470485High
7/31/2020Pounds570582575585Low
7/31/2020Euro500520505520Low
7/30/2020Dollar470490470485High
7/30/2020Pounds550570550580High
7/30/2020Euro495520500525High
7/29/2020Dollar468475467475Low
7/29/2020Pounds575585580590Low
7/29/2020Euro530540530545Low
7/28/2020Dollar469475467475Low
7/28/2020Pounds575593580595Low
7/28/2020Euro550560540550Low
7/27/2020Dollar465473466473Low
7/27/2020Pounds570580575583Low
7/27/2020Euro510520515530Low
7/24/2020Dollar465472464472Low
7/24/2020Pounds570580572582Low
7/24/2020Euro510520505520Low
7/23/2020Dollar460472465472Low
7/23/2020Pounds565575565580Low
7/23/2020Euro510520505520Low
7/22/2020Dollar465472465472Low
7/22/2020Pounds565575560578Low
7/22/2020Euro510525510528Low
7/21/2020Dollar461472462472Low
7/21/2020Pounds560573560575Low
7/21/2020Euro498515500520Low
7/20/2020Dollar460473462473Low
7/20/2020Pounds550570555575Low
7/20/2020Euro495505500510Low
7/17/2020Dollar462470460470Low
7/17/2020Pounds560570558570Low
7/17/2020Euro490500490500Low
7/16/2020Dollar460470460470Low
7/16/2020Pounds558565560570Low
7/16/2020Euro485495485499Low
7/15/2020Dollar455465455470Low
7/15/2020Pounds560565558570Low
7/15/2020Euro485495488498Low
7/14/2020Dollar448462455470Low
7/14/2020Pounds540550557570Low
7/14/2020Euro485495489498Low
7/13/2020Dollar450460448462Low
7/13/2020Pounds540550540550Low
7/13/2020Euro485495485495Low
07/10/2020Dollar453460458465Low
07/10/2020Pounds520525550555High
07/10/2020Euro465467510520High
07/09/2020Dollar455461455463Low
07/09/2020Pounds550558550562Low
07/09/2020Euro495504498505Low
07/08/2020Dollar455461455461Low
07/08/2020Pounds550558550558Low
07/08/2020Euro495504495504Low
07/07/2020Dollar455461455461Low
07/07/2020Pounds550558550558Low
07/07/2020Euro495502495502Low
07/06/2020Dollar455462455461Low
07/06/2020Pounds550562547555Low
07/06/2020Euro495502496502Low
07/03/2020Dollar455462454461Low
07/03/2020Pounds548560550560Low
07/03/2020Euro495505495502Low
07/02/2020Dollar455462454461Low
07/02/2020Pounds548560550560Low
07/02/2020Euro495505495502Low
07/01/2020Dollar455462455462Low
07/01/2020Pounds548560548560Low
07/01/2020Euro495505495505Low
6/30/2020Dollar452460452460Low
6/30/2020Pounds547560547560Low
6/30/2020Euro495505495505Low
6/29/2020Dollar450460450460Low
6/29/2020Pounds547560547560Low
6/29/2020Euro495505495505Low
6/26/2020Dollar452457452460Low
6/26/2020Pounds547557547560Low
6/26/2020Euro490498490502Low
6/25/2020Dollar452457450455Low
6/25/2020Pounds547557547560Low
6/25/2020Euro490498490499Low
6/24/2020Dollar450460450455Low
6/24/2020Pounds545555545555Low
6/24/2020Euro490495488498Low
6/23/2020Dollar450460445455Low
6/23/2020Pounds545555545555Low
6/23/2020Euro490495490495Low
6/22/2020Dollar450455450455Low
6/22/2020Pounds545555545555Low
6/22/2020Euro488498488498Low
6/19/2020Dollar445455445455Low
6/19/2020Pounds540553540553Low
6/19/2020Euro480490480490Low
6/18/2020Dollar445452445452Low
6/18/2020Pounds537550537550Low
6/18/2020Euro475490475490Low
6/17/2020Dollar445452445452Low
6/17/2020Pounds540553537550Low
6/17/2020Euro475490475490Low
6/16/2020Dollar440450445452Low
6/16/2020Pounds540550540553Low
6/16/2020Euro475485475490Low
6/15/2020Dollar440450440450Low
6/15/2020Pounds540550540550Low
6/15/2020Euro475485475485Low
06/12/2020Dollar440450440450Low
06/12/2020Pounds538550538550Low
06/12/2020Euro470485470485Low
06/11/2020Pounds538550538550Low
06/11/2020Dollar440450440450Low
06/11/2020Euro470485470485Low
06/10/2020Pounds538550540553Low
06/10/2020Dollar440450445452Low
06/10/2020Euro470485475490Low
06/09/2020Pounds538550540550Low
06/09/2020Dollar440450440450Low
06/09/2020Euro470485475485Low
06/08/2020Pounds540550540550Low
06/08/2020Dollar440450440450Low
06/08/2020Euro475485475485Low
06/05/2020Pounds535545535545Low
06/05/2020Dollar440450440450Low
06/05/2020Euro460472460472Low
06/04/2020Pounds530543530543Low
06/04/2020Dollar440447440447Low
06/04/2020Euro460470460470Low
06/03/2020Pounds530540530540Low
06/03/2020Dollar440445440445Low
06/03/2020Euro460470460470Low
06/02/2020Pounds535545535545Low
06/02/2020Dollar440450440450Low
06/02/2020Euro460472460472Low
06/01/2020Pounds530543530543Low
06/01/2020Dollar440447440447Low
06/01/2020Euro460470460470Low
5/29/2020Pounds530540530540Low
5/29/2020Dollar440445440445Low
5/29/2020Euro460470460470Low
5/28/2020Pounds535545535545Low
5/28/2020Dollar440450440450Low
5/28/2020Euro460472460472Low
5/27/2020Pounds530543530543Low
5/27/2020Dollar440447440447Low
5/27/2020Euro460470460470Low
5/26/2020Pounds530540530540Low
5/26/2020Dollar440445440445Low
5/26/2020Euro460470460470Low
5/25/2020Pounds535545535545Low
5/25/2020Dollar440450440450Low
5/25/2020Euro460472460472Low
5/22/2020Pounds530543530543Low
5/22/2020Dollar440447440447Low
5/22/2020Euro460470460470Low
5/21/2020Pounds530545530545Low
5/21/2020Dollar450460450460Low
5/21/2020Euro460470460470Low
5/20/2020Pounds530550530550Low
5/20/2020Dollar445460445460Low
5/20/2020Euro450470450470Low
5/19/2020Pounds528540528540Low
5/19/2020Dollar445460445460Low
5/19/2020Euro450465450465Low
5/18/2020Pounds528540528540Low
5/18/2020Dollar445460445460Low
5/18/2020Euro450465450465Low
5/15/2020Pounds530540525535Low
5/15/2020Dollar435450440455Low
5/15/2020Euro450460450465Low
5/14/2020Pounds530540530540Low
5/14/2020Dollar435450435450Low
5/14/2020Euro450460450460Low
5/13/2020Pounds525535525535Low
5/13/2020Dollar430450430450Low
5/13/2020Euro440455440455Low
05/12/2020Pounds525535525535Low
05/12/2020Dollar435450435450Low
05/12/2020Euro445455445455Low
05/11/2020Pounds510530525535Low
05/11/2020Dollar430445435445Low
05/11/2020Euro440450445455Low
05/08/2020Pounds510530510530Low
05/08/2020Dollar425437430445Low
05/08/2020Euro425440440450Low
05/07/2020Pounds510530510530Low
05/07/2020Dollar425437425437Low
05/07/2020Euro425440425440Low
05/06/2020Pounds510520510520Low
05/06/2020Dollar425437425437Low
05/06/2020Euro430450430450Low
05/05/2020Pounds510525510525Low
05/05/2020Dollar410430420430Low
05/05/2020Euro425435425435Low
05/04/2020Pounds500510510525Low
05/04/2020Dollar435450410430Low
05/04/2020Euro430440425435Low
05/01/2020Pounds500510500510Low
05/01/2020Dollar435450435450Low
05/01/2020Euro430445430445Low
4/30/2020Pounds500510500510Low
4/30/2020Dollar435450435450Low
4/30/2020Euro430445430445Low
4/29/2020Pounds500520500520Low
4/29/2020Dollar440460440460Low
4/29/2020Euro450465450465Low
4/28/2020Pounds495510500520Low
4/28/2020Dollar430450440460Low
4/28/2020Euro435450435450Low
4/27/2020Pounds495510495510Low
4/27/2020Dollar430450430450Low
4/27/2020Euro435450435450Low
4/24/2020Pounds490500490500Low
4/24/2020Dollar428450428450Low
4/24/2020Euro430440430440Low
4/23/2020Pounds490500490500Low
4/23/2020Dollar420430420430Low
4/23/2020Euro425435425435Low
4/22/2020Pounds490500490500Low
4/22/2020Dollar420425420430Low
4/22/2020Euro425435425435Low
4/21/2020Pounds490500490500Low
4/21/2020Dollar420430420430Low
4/21/2020Euro425435425435Low
4/20/2020Pounds490500490500Low
4/20/2020Dollar420430420430Low
4/20/2020Euro425435425435Low
4/17/2020Pounds490500490500Low
4/17/2020Dollar420430420430Low
4/17/2020Euro425435425435Low
4/16/2020Pounds490500490500Low
4/16/2020Dollar420430420430Low
4/16/2020Euro425435425435Low
4/15/2020Pounds490500490500Low
4/15/2020Dollar420430420430Low
4/15/2020Euro425435425435Low
4/14/2020Pounds490500490500Low
4/14/2020Dollar420430420430Low
4/14/2020Euro425435425435Low
4/13/2020Pounds490500490500Low
4/13/2020Dollar420430420430Low
4/13/2020Euro425435425435Low
04/10/2020Pounds490505490505Low
04/10/2020Dollar420430420430Low
04/10/2020Euro425435425435Low
04/09/2020Pounds490505490505Low
04/09/2020Dollar420430420430Low
04/09/2020Euro425435425435Low
04/08/2020Pounds490500490500Low
04/08/2020Dollar420430420430Low
04/08/2020Euro425435425435Low
04/07/2020Pounds490500490500Low
04/07/2020Dollar420430420430Low
04/07/2020Euro425435425435Low
04/06/2020Pounds492497492497Low
04/06/2020Dollar402412402412Low
04/06/2020Euro410415410415Low
04/03/2020Pounds485490492497Low
04/03/2020Dollar400410402412Low
04/03/2020Euro410415410415Low
04/02/2020Pounds485490485490Low
04/02/2020Dollar400410400410Low
04/02/2020Euro410415410415Low
04/01/2020Pounds480485480485Low
04/01/2020Dollar395400395400Low
04/01/2020Euro407412407412Low
3/31/2020Pounds480485480485Low
3/31/2020Dollar395400395400Low
3/31/2020Euro407412407412Low
3/30/2020Pounds480485480485Low
3/30/2020Dollar390395395400Low
3/30/2020Euro407412407412Low
3/27/2020Pounds480485480485Low
3/27/2020Dollar385390390395Low
3/27/2020Euro405410407412Low
3/26/2020Pounds480485480485Low
3/26/2020Dollar385390385390Low
3/26/2020Euro405410405410Low
3/25/2020Pounds475480480485Low
3/25/2020Dollar380385385390Low
3/25/2020Euro400405405410Low
3/24/2020Pounds475480475480Low
3/24/2020Dollar380385380385Low
3/24/2020Euro400405400405Low
3/23/2020Pounds474478474478Low
3/23/2020Dollar380385380385Low
3/23/2020Euro400403400403Low
3/20/2020Pounds475480475480Low
3/20/2020Dollar370375365367Low
3/20/2020Euro395400395400Low
3/19/2020Pounds475480475480Low
3/19/2020Dollar370375370375Low
3/19/2020Euro395400395400Low
3/18/2020Pounds471475471475Low
3/18/2020Dollar370375370375Low
3/18/2020Euro390395390395Low
3/17/2020Pounds470475470475Low
3/17/2020Dollar375380375380Low
3/17/2020Euro400403400403Low
3/16/2020Pounds470475470475Low
3/16/2020Dollar370375370375Low
3/16/2020Euro400403400403Low
3/13/2020Pounds470475470475Low
3/13/2020Dollar372377372377Low
3/13/2020Euro400403400403Low
03/12/2020Pounds475485490495High
03/12/2020Dollar365380375404High
03/12/2020Euro405412410420Low
03/11/2020Pounds470475475485Low
03/11/2020Dollar360366365375Low
03/11/2020Euro387403405412Low
03/10/2020Pounds468472470475Low
03/10/2020Dollar358360360362Low
03/10/2020Euro390398387403Low
03/09/2020Pounds468472468472Low
03/09/2020Dollar358360358360Low
03/09/2020Euro392398392398Low
03/06/2020Pounds468472468472Low
03/06/2020Dollar358360358360Low
03/06/2020Euro390398390398Low
03/05/2020Pounds468472468472Low
03/05/2020Dollar358360358360Low
03/05/2020Euro390397390397Low
03/04/2020Pounds468473468473Low
03/04/2020Dollar358360358360Low
03/04/2020Euro387392387392Low
03/03/2020Pounds468472468472Low
03/03/2020Dollar358360358360Low
03/03/2020Euro387392387392Low
03/02/2020Pounds468472468472Low
03/02/2020Dollar358360358360Low
03/02/2020Euro387392387392Low
2/28/2020Pounds468472468472Low
2/28/2020Dollar358360358360Low
2/28/2020Euro387392387392Low
2/27/2020Pounds467471468472Low
2/27/2020Dollar358360358360Low
2/27/2020Euro386390387392Low
2/26/2020Pounds468472467471Low
2/26/2020Dollar358360358360Low
2/26/2020Euro386390386390Low
2/25/2020Pounds467472468472Low
2/25/2020Dollar358360358360Low
2/25/2020Euro388392386390Low
2/24/2020Pounds467472467472Low
2/24/2020Dollar358360358360Low
2/24/2020Euro388392388393Low
2/21/2020Pounds467473468473Low
2/21/2020Dollar358360358360Low
2/21/2020Euro388392388392Low
2/20/2020Pounds467473467473Low
2/20/2020Dollar358360358360Low
2/20/2020Euro388392388392Low
2/19/2020Pounds467473467473Low
2/19/2020Dollar358360358360Low
2/19/2020Euro390394390394Low
2/18/2020Pounds467473467473Low
2/18/2020Dollar358360358360Low
2/18/2020Euro390394390394Low
2/17/2020Pounds469473467474Low
2/17/2020Dollar358360358360Low
2/17/2020Euro390394390394Low
2/14/2020Pounds469473469473Low
2/14/2020Dollar358360358360Low
2/14/2020Euro390394390394Low
2/13/2020Pounds470475470475Low
2/13/2020Dollar358360358360Low
2/13/2020Euro390396390396Low
02/12/2020Pounds470475470475Low
02/12/2020Dollar358360358360Low
02/12/2020Euro390396390396Low
02/11/2020Pounds470475470475Low
02/11/2020Dollar358360358360Low
02/11/2020Euro390396390396Low
02/10/2020Pounds470475470475Low
02/10/2020Dollar358360358360Low
02/10/2020Euro390396390396Low
02/07/2020Pounds471475471475Low
02/07/2020Dollar358360358360Low
02/07/2020Euro390396392396Low
02/06/2020Pounds473476473476Low
02/06/2020Dollar358360358360Low
02/06/2020Euro392397392397Low
02/05/2020Pounds473476473476Low
02/05/2020Dollar358360358360Low
02/05/2020Euro393397393397Low
02/04/2020Pounds473476473476Low
02/04/2020Dollar358360358360Low
02/04/2020Euro393397393397Low
02/03/2020Pounds473476473476Low
02/03/2020Dollar358360358360Low
02/03/2020Euro393397393397Low
1/31/2020Pounds473476473476Low
1/31/2020Dollar358360358360Low
1/31/2020Euro393397393397Low
1/30/2020Pounds472478472476Low
1/30/2020Dollar358361358360Low
1/30/2020Euro394398394398Low
1/29/2020Pounds472476472476Low
1/29/2020Dollar358360358360Low
1/29/2020Euro394398394398Low
1/28/2020Pounds472476472476Low
1/28/2020Dollar358360358360Low
1/28/2020Euro394398394398Low
1/27/2020Pounds473476473476Low
1/27/2020Dollar358360358360Low
1/27/2020Euro394398394398Low
1/24/2020Pounds474478474478Low
1/24/2020Dollar358362358362Low
1/24/2020Euro395400395400Low
1/23/2020Pounds474478474478Low
1/23/2020Dollar358362358362Low
1/23/2020Euro395400395400Low
1/22/2020Pounds474478474478Low
1/22/2020Dollar359362359362Low
1/22/2020Euro394398394398Low
1/21/2020Pounds473477475479Low
1/21/2020Dollar360362359362Low
1/21/2020Euro395400395400Low
1/20/2020Pounds473477473477Low
1/20/2020Dollar360362360362Low
1/20/2020Euro395400395400Low
1/17/2020Pounds473477473477Low
1/17/2020Dollar360362360362Low
1/17/2020Euro395400395400Low
1/16/2020Pounds457480474477Low
1/16/2020Dollar360362360362Low
1/16/2020Euro397403395400Low
1/15/2020Pounds475480475480Low
1/15/2020Dollar360362360362Low
1/15/2020Euro397402397402Low
1/14/2020Pounds470475474480Low
1/14/2020Dollar359362360362Low
1/14/2020Euro397402397400Low
1/13/2020Pounds470477470475Low
1/13/2020Dollar359362359362Low
1/13/2020Euro397403397402Low
01/10/2020Pounds470475470475Low
01/10/2020Dollar359362359362Low
01/10/2020Euro397402397402Low
01/09/2020Pounds470475470475Low
01/09/2020Dollar359362359362Low
01/09/2020Euro397403397403Low
01/08/2020Pounds470475470475Low
01/08/2020Dollar359362359362Low
01/08/2020Euro397403397403Low
01/07/2020Pounds470477470477Low
01/07/2020Dollar359362359362Low
01/07/2020Euro397403397403Low
01/06/2020Pounds468473470477Low
01/06/2020Dollar359362359362Low
01/06/2020Euro392400397403Low
01/03/2020Pounds468473468473Low
01/03/2020Dollar359362359362Low
01/03/2020Euro390400390400Low
01/02/2020Pounds467473467473Low
01/02/2020Dollar359362359362Low
01/02/2020Euro392400392400Low
12/24/2019Pounds468474468474Low
12/24/2019Dollar358361358361Low
12/24/2019Euro390395390395Low
12/23/2019Pounds474478474478Low
12/23/2019Dollar359362359362Low
12/23/2019Euro395400395400Low
12/20/2019Pounds474480474480Low
12/20/2019Dollar359363359363Low
12/20/2019Euro395401395401Low
12/19/2019Pounds472480472480Low
12/19/2019Dollar359363359363Low
12/19/2019Euro395401395401Low
12/18/2019Pounds472480472480Low
12/18/2019Dollar360363359363Low
12/18/2019Euro395400395400Low
12/17/2019Pounds470477472477Low
12/17/2019Dollar360363360363Low
12/17/2019Euro394398394398Low
12/16/2019Pounds470475470477Low
12/16/2019Dollar359363360363Low
12/16/2019Euro394398394398Low
12/13/2019Pounds470480470476Low
12/13/2019Dollar359362359363Low
12/13/2019Euro394398394398Low
12/12/2019Pounds464472464472Low
12/12/2019Dollar358360359361Low
12/12/2019Euro392397392397Low
12/11/2019Pounds463470464472Low
12/11/2019Dollar358360358360Low
12/11/2019Euro393397392397Low
12/10/2019Pounds462468463470Low
12/10/2019Dollar358360358360Low
12/10/2019Euro392397393397Low
12/09/2019Pounds462468462468Low
12/09/2019Dollar358360358360Low
12/09/2019Euro392397392397Low
12/06/2019Pounds462467463468Low
12/06/2019Dollar358360358360Low
12/06/2019Euro390396390396Low
12/05/2019Pounds462467462467Low
12/05/2019Dollar358360358360Low
12/05/2019Euro390396390396Low
12/04/2019Pounds460466460466Low
12/04/2019Dollar358360358360Low
12/04/2019Euro390396390396Low
12/03/2019Pounds460465460465Low
12/03/2019Dollar358360358360Low
12/03/2019Euro390396390396Low
12/02/2019Pounds460466460465Low
12/02/2019Dollar358360358360Low
12/02/2019Euro390395390395Low
11/29/2019Pounds462466462466Low
11/29/2019Dollar358360358360Low
11/29/2019Euro390395392397Low
11/28/2019Pounds462467462466Low
11/28/2019Dollar358360358360Low
11/28/2019Euro390395390395Low
11/27/2019Pounds460465462467Low
11/27/2019Dollar358360358360Low
11/27/2019Euro391396390395Low
11/26/2019Pounds462466462466Low
11/26/2019Dollar358360358360Low
11/26/2019Euro390395390395Low
11/25/2019Pounds460465462466Low
11/25/2019Dollar358360358360Low
11/25/2019Euro390398390395Low
11/22/2019Pounds460464460465Low
11/22/2019Dollar357360358360Low
11/22/2019Euro390398390398Low
11/21/2019Pounds460464460464Low
11/21/2019Dollar357360357360Low
11/21/2019Euro390397390397Low
11/20/2019Pounds460464460464Low
11/20/2019Dollar358360358360Low
11/20/2019Euro390398390397Low
11/19/2019Pounds460465460464Low
11/19/2019Dollar358360358360Low
11/19/2019Euro392398390398Low
11/18/2019Pounds458464460465Low
11/18/2019Dollar358360358360Low
11/18/2019Euro390398392398Low
11/15/2019Pounds458464458464Low
11/15/2019Dollar358360358360Low
11/15/2019Euro392398393398Low
11/14/2019Pounds458464458464Low
11/14/2019Dollar358360358360Low
11/14/2019Euro390398392398Low
11/13/2019Pounds460465458464Low
11/13/2019Dollar358360358360Low
11/13/2019Euro392398392398Low
11/12/2019Pounds460465460465Low
11/12/2019Dollar358360358360Low
11/12/2019Euro394399394399Low
11/08/2019Pounds458463460465Low
11/08/2019Dollar358360358360Low
11/08/2019Euro393398394400Low
11/06/2019Pounds458463458464Low
11/06/2019Dollar357360357360Low
11/06/2019Euro393400393400Low
11/05/2019Pounds458463458463Low
11/05/2019Dollar357360357360Low
11/05/2019Euro393400393400Low
11/04/2019Pounds458463458463Low
11/04/2019Dollar357360357360Low
11/04/2019Euro392400393400Low
11/01/2019Pounds458463458463Low
11/01/2019Dollar358360358360Low
11/01/2019Euro393400394400Low
10/31/2019Pounds460464458463Low
10/31/2019Dollar358360358360Low
10/31/2019Euro395400393400Low
10/30/2019Pounds457463457463Low
10/30/2019Dollar358360358360Low
10/30/2019Euro395400395400Low
10/29/2019Pounds457463457463Low
10/29/2019Dollar358360358360Low
10/29/2019Euro395400395400Low
10/28/2019Pounds457462457463Low
10/28/2019Dollar358360358360Low
10/28/2019Euro396402395400Low
10/25/2019Pounds457463457462Low
10/25/2019Dollar358360358360Low
10/25/2019Euro396403396402Low
10/24/2019Pounds457462457463Low
10/24/2019Dollar358360358360Low
10/24/2019Euro396403396403Low
10/23/2019Pounds457463457462Low
10/23/2019Dollar358360358360Low
10/23/2019Euro397403396403Low
10/22/2019Pounds455460457463Low
10/22/2019Dollar358360358360Low
10/22/2019Euro395402397403Low
10/21/2019Pounds450455450455Low
10/21/2019Dollar358360358360Low
10/21/2019Euro387395390397Low
10/18/2019Pounds446453446453Low
10/18/2019Dollar358360358360Low
10/18/2019Euro387393387393Low
10/17/2019Pounds445450446452Low
10/17/2019Dollar358360358360Low
10/17/2019Euro387392387393Low
10/16/2019Pounds445452445450Low
10/16/2019Dollar358360358360Low
10/16/2019Euro387395387392Low
10/15/2019Pounds445450445452Low
10/15/2019Dollar357360358360Low
10/15/2019Euro385390385390Low
10/14/2019Pounds445450445450Low
10/14/2019Dollar358360357360Low
10/14/2019Euro384390385390Low
10/11/2019Pounds445450445450Low
10/11/2019Dollar358360358360Low
10/11/2019Euro384390384390Low
10/10/2019Pounds445450445450Low
10/10/2019Dollar357360357360Low
10/10/2019Euro386390384390Low
10/09/2019Pounds445453445450Low
10/09/2019Dollar357360357360Low
10/09/2019Euro390395386390Low
10/08/2019Pounds448453445453Low
10/08/2019Dollar357360357360Low
10/08/2019Euro390395390395Low
10/07/2019Pounds448453448453Low
10/07/2019Dollar358360358360Low
10/07/2019Euro392396390395Low
10/04/2019Pounds450454448453Low
10/04/2019Dollar358360358360Low
10/04/2019Euro392397392396Low
10/03/2019Pounds450454450454Low
10/03/2019Dollar358360358360Low
10/03/2019Euro392397392397Low
10/02/2019Pounds450453450453Low
10/02/2019Dollar358360358360Low
10/02/2019Euro392397392397Low
9/30/2019Pounds445450450453Low
9/30/2019Dollar358360358360Low
9/30/2019Euro392397392397Low
9/27/2019Pounds446452445450Low
9/27/2019Dollar357360358360Low
9/27/2019Euro392396392397Low
9/26/2019Pounds445450445450Low
9/26/2019Dollar357360357360Low
9/26/2019Euro390395392396Low
9/25/2019Pounds444449445450Low
9/25/2019Dollar357360357360Low
9/25/2019Euro390394390395Low
9/24/2019Pounds445448445449Low
9/24/2019Dollar357360357360Low
9/24/2019Euro390395390395Low
9/23/2019Pounds445450445450Low
9/23/2019Dollar357360357360Low
9/23/2019Euro392395392396Low
9/20/2019Pounds443446445450Low
9/20/2019Dollar357360357360Low
9/20/2019Euro392395392395Low
9/19/2019Pounds442446443446Low
9/19/2019Dollar357360357360Low
9/19/2019Euro390395391394Low
9/18/2019Pounds442447440446Low
9/18/2019Dollar357360357360Low
9/18/2019Euro390395390395Low
9/17/2019Pounds445448444447Low
9/17/2019Dollar358360358360Low
9/17/2019Euro394398393397Low
9/16/2019Pounds445450445450Low
9/16/2019Dollar357360357360Low
9/16/2019Euro394400394400Low
9/13/2019Pounds445450445450Low
9/13/2019Dollar357360357360Low
9/13/2019Euro394398394398Low
09/12/2019Pounds440445445450Low
09/12/2019Dollar357360357360Low
09/12/2019Euro393398394398Low
09/11/2019Pounds440446440446Low
09/11/2019Dollar358360358360Low
09/11/2019Euro392395392398Low
09/10/2019Pounds437450440446Low
09/10/2019Dollar356360358360Low
09/10/2019Euro388397392395Low
09/09/2019Pounds440444440445Low
09/09/2019Dollar358360358360Low
09/09/2019Euro390396390395Low
09/06/2019Pounds440444440444Low
09/06/2019Dollar358360358360Low
09/06/2019Euro392398390396Low
09/05/2019Pounds440444440444Low
09/05/2019Dollar357360358360Low
09/05/2019Euro392398392397Low
09/04/2019Pounds440443440444Low
09/04/2019Dollar357360358360Low
09/04/2019Euro392398392397Low
09/03/2019Pounds438443438443Low
09/03/2019Dollar357360357360Low
09/03/2019Euro392397392398Low
09/02/2019Pounds437445438443Low
09/02/2019Dollar357360357360Low
09/02/2019Euro391396392397Low
30/08/2019Pounds442448440445Low
30/08/2019Dollar358360358360Low
30/08/2019Euro392398395398Low
29/08/2019Pounds440446442448Low
29/08/2019Dollar358360358360Low
29/08/2019Euro392398392398Low
28/08/2019Pounds444450440445Low
28/08/2019Dollar358360358360Low
28/08/2019Euro392396392398Low
27/08/2019Pounds444450444450Low
27/08/2019Dollar358360358360Low
27/08/2019Euro394400393398Low
26/08/2019Pounds442447443448Low
26/08/2019Dollar358360358360Low
26/08/2019Euro392397393397Low
23/08/2019Pounds440445440445Low
23/08/2019Dollar358360358360Low
23/08/2019Euro390397390397Low
22/08/2019Pounds445450440445Low
22/08/2019Dollar357359358360Low
22/08/2019Euro393398390397Low
21/08/2019Pounds447452445450Low
21/08/2019Dollar358360357359Low
21/08/2019Euro392398393398Low
20/08/2019Pounds450455447452Low
20/08/2019Dollar358360358360Low
20/08/2019Euro395400392398Low
19/08/2019Pounds450455450455Low
19/08/2019Dollar358360358360Low
19/08/2019Euro395400395400Low
16/08/2019Pounds451455450455Low
16/08/2019Dollar357360358360Low
16/08/2019Euro397402395400Low
15/08/2019Pounds450455451455Low
15/08/2019Dollar357360357360Low
15/08/2019Euro398403397402Low
14/08/2019Pounds450455450455Low
14/08/2019Dollar357360357360Low
14/08/2019Euro398403398403Low
09/08/2019Pounds450455450455Low
09/08/2019Dollar357360357360Low
09/08/2019Euro398404398403Low
08/08/2019Pounds450455450455Low
08/08/2019Dollar357360357360Low
08/08/2019Euro398403398404Low
07/08/2019Pounds453458450455Low
07/08/2019Dollar357360357360Low
07/08/2019Euro398403398403Low
06/08/2019Pounds457460452458Low
06/08/2019Dollar358360357360Low
06/08/2019Euro400404400403Low
05/08/2019Pounds458462457461Low
05/08/2019Dollar358360358360Low
05/08/2019Euro400405400405Low
02/08/2019Pounds458462458462Low
02/08/2019Dollar358360358360Low
02/08/2019Euro400405400405Low
01/08/2019Pounds458462458462Low
01/08/2019Dollar358360358360Low
01/08/2019Euro402405402405Low
31/07/2019Pounds458463458463Low
31/07/2019Dollar358360358360Low
31/07/2019Euro403407403407Low
30/07/2019Pounds458463458463Low
30/07/2019Dollar358360358360Low
30/07/2019Euro403407403407Low
29/07/2019Pounds458461458463Low
29/07/2019Dollar358360358360Low
29/07/2019Euro402406403407Low
26/07/2019Pounds459463458461Low
26/07/2019Dollar358361358360Low
26/07/2019Euro403406401405Low
25/07/2019Pounds459463459463Low
25/07/2019Dollar358361358361Low
25/07/2019Euro403407403406Low
24/07/2019Pounds459463459463Low
24/07/2019Dollar358361358361Low
24/07/2019Euro404407403407Low
23/07/2019Pounds460464459463Low
23/07/2019Dollar359361358361Low
23/07/2019Euro406410404407Low
22/07/2019Pounds459463459463Low
22/07/2019Dollar358360359361Low
22/07/2019Euro406410406410Low
19/07/2019Pounds459463459463Low
19/07/2019Pounds358360358360Low
19/07/2019Pounds406410406410Low
18/07/2019Pounds458462459463Low
18/07/2019Dollar358360358360Low
18/07/2019Euro403407406410Low
17/07/2019Pounds458462458462Low
17/07/2019Dollar358360358360Low
17/07/2019Euro403407403407Low
16/07/2019Pounds460463458462Low
16/07/2019Dollar359361358360Low
16/07/2019Euro405408403407Low
13/07/2019Pounds460464460463Low
13/07/2019Dollar359361359361Low
13/07/2019Euro405410405408Low
12/07/2019Pounds458463460464Low
12/07/2019Dollar359361359361Low
12/07/2019Euro404407405410Low
11/07/2019Pounds458463458462Low
11/07/2019Dollar359362359361Low
11/07/2019Euro402407405410Low
10/07/2019Pounds458463458463Low
10/07/2019Dollar359361358361Low
10/07/2019Euro401406402405Low
09/07/2019Pounds458465457465Low
09/07/2019Dollar359362359362Low
09/07/2019Euro401405402405Low
08/07/2019Pounds458463460465Low
08/07/2019Dollar359362359362Low
08/07/2019Euro401405401405Low
05/07/2019Pounds458463458463Low
05/07/2019Dollar359362359362Low
05/07/2019Euro401405401405Low
04/07/2019Pounds458463458463Low
04/07/2019Dollar359362359362Low
04/07/2019Euro401405400405Low
03/07/2019Pounds458464458463Low
03/07/2019Dollar359361359362Low
03/07/2019Euro401405401405Low
02/07/2019Pounds458462458463Low
02/07/2019Dollar359361359361Low
02/07/2019Euro398402400404Low
01/07/2019Pounds458462458462Low
01/07/2019Dollar358360359361Low
01/07/2019Euro400403398403Low
28/06/2019Pounds457460457462Low
28/06/2019Dollar358360358360Low
28/06/2019Euro398402400403Low
27/06/2019Pounds458462458462Low
27/06/2019Dollar358360358360Low
27/06/2019Euro398402398402Low
26/06/2019Pounds458463458462Low
26/06/2019Dollar358360358360Low
26/06/2019Euro398402400403Low
25/06/2019Pounds458464458464Low
25/06/2019Dollar358361358361Low
25/06/2019Euro400403398402Low
24/06/2019Pounds458464460465Low
24/06/2019Dollar358361359361Low
24/06/2019Euro398402398403Low
21/06/2019Pounds460465458464Low
21/06/2019Dollar358361358361Low
21/06/2019Euro398402398402Low
20/06/2019Pounds460465468462Low
20/06/2019Dollar358361358361Low
20/06/2019Euro398402400403Low
19/06/2019Pounds460465460465Low
19/06/2019Dollar358361358361Low
19/06/2019Euro398401398402Low
18/06/2019Pounds460465462465Low
18/06/2019Dollar359361358361Low
18/06/2019Euro400403400405Low
17/06/2019Pounds462467462468Low
17/06/2019Dollar358361358361Low
17/06/2019Euro400404400404Low
14/06/2019Pounds426467426467Low
14/06/2019Dollar358361358361Low
14/06/2019Euro400404400404Low
13/06/2019Pounds467471462467Low
13/06/2019Dollar358361358361Low
13/06/2019Euro400404400404Low
12/06/2019Pounds468471467471Low
12/06/2019Dollar358361358361Low
12/06/2019Euro400404400404Low
11/06/2019Pounds465470467471Low
11/06/2019Dollar358361359361Low
11/06/2019Euro400403399402Low
10/06/2019Pounds468472468472Low
10/06/2019Dollar358361358361Low
10/06/2019Euro404400400404Low
07/06/2019Pounds469473467471Low
07/06/2019Dollar358361358360Low
07/06/2019Euro400403398402Low
06/06/2019Pounds468472465470Low
06/06/2019Dollar358360358361Low
06/06/2019Euro398402403400Low
03/06/2019Pounds468472468472Low
03/06/2019Dollar358360358361Low
03/06/2019Euro398402398402Low
31/05/2019Pounds465470470474Low
31/05/2019Dollar358360358360Low
31/05/2019Euro397402400403Low
30/05/2019Pounds470474470474Low
30/05/2019Dollar358360358360Low
30/05/2019Euro400403400403Low
28/05/2019Pounds470474470474Low
28/05/2019Dollar358360358360Low
28/05/2019Euro400403400403Low
27/05/2019Pounds470474470474Low
27/05/2019Dollar358360358360Low
27/05/2019Euro400403400404Low
24/05/2019Pounds470474470474Low
24/05/2019Dollar358360358360Low
24/05/2019Euro400405400405Low
23/05/2019Pounds470474472475Low
23/05/2019Dollar358360358360Low
23/05/2019Euro400405400405Low
22/05/2019Pounds472475472475Low
22/05/2019Dollar358350358360Low
22/05/2019Euro400405400405Low
21/05/2019Pounds472475472473Low
21/05/2019Dollar358360358360Low
21/05/2019Euro400405400405Low
20/05/2019Pounds472475472475Low
20/05/2019Dollar358360358360Low
20/05/2019Euro400405400405Low
17/05/2019Pounds472475472475Low
17/05/2019Dollar358360358360Low
17/05/2019Euro400405400404Low
16/05/2019Pounds472475472475Low
16/05/2019Dollar358360358360Low
16/05/2018Euro400404400404Low
15/05/2019Pounds470475470475Low
15/05/2019Dollar358360358360Low
15/05/2019Euro400404400404Low
13/05/2019Pounds470475470475Low
13/05/2019Dollar358360358360Low
13/05/2019Euro400404400405Low
10/05/2019Pounds470475470475Low
10/05/2019Dollar358360358360Low
10/05/2019Euro400405400405Low
09/05/2019Pounds470475470475Low
09/05/2019Dollar358360358360Low
09/05/2019Euro400405400405Low
29/04/2019Pounds470475470475Low
29/04/2019Dollar358360358360Low
29/04/2019Euro400405400405Low
26/04/2019Pounds470475470475Low
26/04/2019Dollar358360358360Low
26/04/2019Euro400405400405Low
25/04/2019Pounds470475470475Low
25/04/2019Dollar358360358360Low
25/04/2019Euro400405400405Low
24/04/2019Pounds470475472476Low
24/04/2019Dollar358360358360Low
24/04/2019Euro400405400405Low
23/04/2019Pounds474478472476Low
23/04/2019Dollar355360358360Low
23/04/2019Euro390402400405Low
22/04/2019Pounds472476472476Low
22/04/2019Dollar357360358360Low
22/04/2019Euro400405400405Low
19/04/2019Pounds467471470475Low
19/04/2019Dollar355360357360Low
19/04/2019Euro395400402406Low
18/04/2019Pounds470475470475Low
18/04/2019Dollar357360357360Low
18/04/2019Euro402406402406Low
17/04/2019Pounds470475470475Low
17/04/2019Dollar357360357360Low
17/04/2019Euro402406402406Low
16/04/2019Pounds465470470475Low
16/04/2019Dollar360365357360Low
16/04/2019Euro400405402405Low

Data is collated from various black market dealers on the mainland and island parts of Lagos State where forex is sold. The price quoted daily on this page represents the average price obtained by our Research Team. Our prices are a guide and could be slightly different from the price you get when you eventually decide to buy or sell. This is a daily tracker and updated close of business. See table below for parallel market exchange rate dating to 2019.

GTBank 728 x 90
Continue Reading

Currencies

Naira remains stable at black market, dollar supply up by 1183% despite curfew

At the black market where forex is traded unofficially, the Naira remained stable against the dollar to close at N463/$1.

Published

3 days ago

on

October 23, 2020

By

Exchange rate depreciates at NAFEX window as forex liquidity drops further by 57%, Central Bank Continues intervention in Forex market to stabilize Naira, Naira to depreciate slightly over $1.52 billion maturing contracts expires, Naira hits N388.84 to $1 at the currency spot market, Investors and Exporters (I&E) window, Naira weakens against the dollar by 1.14% amidst uncertainty, Naira gains against the dollar at I&E window, forex liquidity up by 242%  

Forex turnover improved significantly by 1183% as Nigeria’s exchange rate at the NAFEX window depreciated against the dollar to close at N386/$1 during intraday trading on Thursday, October 22.

Also, the naira remained stable against the dollar, closing at N463/$1 at the parallel market on Thursday, October 22, 2020, as violence increases across the country despite the curfew.

READ: Naira falls again at black market as #EndSARS protest limits movement.

This is also as businesses shut down due to the outbreak of violence in some parts of the country including Lagos during the protest against the special anti-robbery unit (SARS) and police brutality by the Nigerian youth.

Parallel market: According to information from Abokifx, a prominent FX tracking website, at the black market where forex is traded unofficially, the Naira remained stable against the dollar to close at N463/$1 on Thursday. This was the same rate that it exchanged for on Wednesday, October 21.

GTBank 728 x 90

READ: Naira stabilizes across forex markets, as BDCs get another round of dollar allocation

  • The local currency had strengthened by about 7.8% within the one week in September at the black market, as the CBN introduced some measures targeted at exporters and importers, in order to try to boost the supply of dollars in the foreign exchange market, and reduce the high demand for forex by traders. The measure
  • The CBN has sold over $500 million to BDCs since they resumed forex sales on Monday, September 7, 2020. This was expected to inject more liquidity to the retail end of the foreign exchange market and discourage hoarding and speculation.
  • However, the exchange rate against the dollar has remained volatile after the initial gains made, following the CBN’s resumption of sales of dollars to the BDCs.
  • The President of the Association of Bureau De Change Operators, Aminu Gwadebe, said he expects the impact of the extra liquidity in the market to be gradual.
  • Despite the drop in speculative buying of foreign exchange, the huge demand backlog by manufacturers and foreign investors still puts pressure and creates a volatile situation in the foreign exchange market.

READ: Exchange rate falls again at NAFEX window as #EndSARS protests escalates

NAFEX: The Naira depreciated against the dollar at the Investors and Exporters (I&E) window on Thursday, closing at N386/$1.

GTBank 728 x 90
  • This represents a 25 kobo drop when compared to the N385.75 to a dollar that it exchanged for on Wednesday, October 21.
  • The opening indicative rate was N386.13 to a dollar on Thursday. This represents a 11 kobo gain when compared to the N386.24 that was recorded on Wednesday.
  • The N386 to a dollar is the highest rate during intraday trading. It also sold for as low as N384/$1 during intraday trading.

Explore Data on the Nairametrics Research Website

Forex turnover: Forex turnover at the Investor and Exporters (I&E) window increased significantly by 1182.9% on Thursday, October 22, 2020.

  • According to the data tracked by Nairametrics from FMDQ, forex turnover rose from $6.05 million on Wednesday, October 21, 2020, to $77.62 million on Thursday, October 22, 2020.
  • The CBN is still struggling to clear the backlog of foreign exchange demand, especially by foreign investors wishing to repatriate back their funds.
  • The continuous drop in forex supply reinforces the volatility of the foreign exchange market. The supply of dollars has been on a decline for months due to low oil prices and the absence of foreign capital inflow into the country.
  • As part of the measure to check forex abuse and check illegal transactions, the CBN last month directed the freezing of accounts of about 38 companies.
  • The average daily forex sale for last week was about $169.93 million, which represents a huge increase from the $34.5 million that was recorded the previous week.
  • Total forex trading at the NAFEX window in the month of August was about $857 million, compared to $937 million in July.
  • The exchange rate is still being affected by low oil prices, dollar scarcity, a backlog of forex demand and a shaky economy that has been hit by the coronavirus pandemic.
  • According to Reuters, currency traders said that the naira is expected to be stable this week as banks limit foreign exchange transactions by both firms and individual buyers on the unofficial black market to curb speculation.

Continue Reading
Advertisement
Advertisement
Advertisement
ikeja electric
Advertisement
Advertisement
Patricia
Advertisement
FCMB ads
Advertisement
IZIKJON
Advertisement
Fidelity ads
Advertisement
first bank
Advertisement
bitad
Advertisement
Stallion ads
Advertisement
financial calculator
Advertisement
deals book
Advertisement
app
Advertisement