Currencies

Naira hits N1,427.5/$1, extends two-week rally as reserves climb to $43.17 billion

November 1, 2025

Dangote’s Naira rally call comes as it breaks below N1,450 mark

October 29, 2025

Naira strengthens towards N1,450/$ mark

October 28, 2025

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Currencies

Nigeria's daily parallel market exchange rate tracker

Crashing currency and rising inflation pushes cryptocurrency adoption in Ethiopia

June 9, 2022

In Ethiopia, rising inflation and a scarcity of dollars are driving up the price of US dollars on the black...

Ruble’s success against western sanctions prompts Russia’s interest rate reduction to 14%

Russia ruble maintains surge despite ease of capital control and dovish stance

June 8, 2022

Despite Russia's move to relax some capital controls and prospects of an interest rate cut, the Russian rouble has maintained...

The dollar jumps to 20-year high against the Japanese yen

June 8, 2022

The dollar rally has reached a 20-year high against the Japanese yen, as investors take a massive short position against...

Naira falls to N415/$1 at official market as Vice President expressed concerns over forex policy

Exchange rate falls as forex turnover drops to $49.24 million, a 2-month low

June 7, 2022

The exchange rate between the naira and the US dollar closed at N420.25/$1 at the Investors and Exporters (I&E) window.

Dollar, Exchange rate, FOREX, NAFEX market turnover drop by 59%, Naira crashes to N470/$1 as currency uncertainty worsens

Naira remains stable across FX markets as CBN continues forex intervention

June 6, 2022

The exchange rate between the naira and the US dollar closed at N419.75/$1 at the Investors and Exporters (I&E) window.

IMF says Russia held nearly a third of the world’s yuan reserves by December 2021

June 4, 2022

Russia held nearly a third of the world’s renminbi (Yuan) in reserves by December 2021 amid the decline of the...

Forex supply skyrockets by over 300% to $760 million at the official market

June 3, 2022

The exchange rate between the naira and the US dollar closed at N419.5/$1 at the Investors and Exporters (I&E) window.

Canadian dollar surges amid hawkish stance of the Bank of Canada

June 2, 2022

Bank of Canada's (BOC) interest rate hike has strengthened the Canadian dollar against the US greenback.

Exchange rate trades for intra-day high N791/$1 at official market

Naira gains against dollar across markets as $172 million exchange hands at I&E window

June 2, 2022

The exchange rate between the naira and the US dollar closed at N419/$1 at the Investors and Exporters (I&E) window.

Exchange rate moderates across FX markets despite drop in turnover