WebJan 21, 2024 · The major source for tracking the official exchange rate in Nigeria, the FMDQ, has stopped publishing the official (I&E Window) exchange rates on its website … WebDec 31, 2024 · The Exchange rate between the naira and the US dollar dropped significantly by 6.03% in the year 2024 to close at N435/$1 as of the end of trading activities on Friday, compared to N410.25 to a dollar recorded in the corresponding date of last year. Naira depreciated despite the concerted effort of the apex bank to manage the exchange …
FMDQ Members Portal
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Naira reverses gain, falls at official and black market
WebApr 12, 2024 · According to the data at the FMDQ Security Exchange where forex is traded officially, the dollar to naira exchange rate stood at (undisclosed). This would mean that the Nigerian currency either gained or dropped in value against the United States dollar, as the foreign exchange (forex) trading closed at N460.36 per $1 on Friday, April 5. WebFeb 28, 2024 · The official rate today, Friday, February 25th, 2024, for $1 dollar to naira = ₦415.35/$1. According to the data at the FMDQ Security Exchange where forex is traded officially, the exchange rate between the naira and the US dollar opened at ₦415.35/$1 on Friday 25th, after it closed at ₦416.00 to a $1 on Thursday, 24th January 2024. WebMay 17, 2024 · Specifically, net foreign capital flows tumbled 83% to USD 1.7 billion, underpinned by portfolio outflows of USD 3.6 billion (vs. inflows of USD 3.1 billion in 2024) reflecting an exodus from Nigeria’s debt and equity markets in the aftermath of the covid-19 outbreak and the collapse in oil prices. can prilosec make you feel hungry