Sadly, Naira Now 520 To A Dollar

As at Monday, 20th of February, 2016, the naira hit 520 against the United States dollar at the parallel market. It had closed at 516/dollar on Friday, after hitting 510/dollar and 507/dollar last Thursday and Tuesday, respectively. We are not sure the rate it will hit today. May God show the government the way.

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See the Value of Naira at the Black Market Today

The Nigerian currency is still struggling at the black market despite the introduction of Travelex to issue dollars to the parallel market.

These are the currency exchange rates for today, October 13, 2016, powered by Zenith Bank. Meanwhile, there are reports that 19 commercial banks have been banned from issuing dollars to the Bureau De Change.

 

See details:

 

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