Currencies
Nigeria's daily parallel market exchange rate tracker
Daily Parallel Market Exchange Rate – ₦475/$1
The US dollar stands at ₦470/US$1 in the parallel market
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Naira gains at NAFEX window as external reserves increase by $1 billion
The exchange rate appreciated on Monday as external reserves cross $36.3 billion
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Nigeria: Pressure on FX to continue in 2021 – Report
Pressure on FX will continue in 2021 as a result of thin reserve buffers and recovering domestic demands.
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Naira remains stable across forex markets as external reserve continues to rise
The Naira remained stable against the dollar at the Investors and Exporters (I&E) window on Friday, closing at N394.67/$1.
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Parallel market rate and the FX window to converge towards the official rate in 2021 – United Capital report
According to a recent report, the exchange rates at the parallel market and the I&E FX window are expected to...
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U.S Central Bank leader says no rush into crypto dollar
Jerome Powell recently spoke on why the U.S central bank had no reason to rush into central bank digital currencies.
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U.S dollar stays firm, Joe Biden to unveil COVID-19 support programs
The U.S. Dollar Index which tracks the greenback against a basket of major currencies inched up 0.05% to 90.4020.
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Naira gains across markets as daily turnover falls to lowest since October
The Naira appreciated against the dollar at the Investors and Exporters (I&E) window on Wednesday.
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Naira falls at NAFEX window as external reserves rises to highest level since July 2020
Nigeria's external reserves rose to the highest level since July 2020
Read moreDetailsNaira weakens at black market as holiday makers depart Nigeria
The exchange rate at the parallel market suffered its second depreciation of the year.
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