More than 5,000 French troops are based in the region working alongside soldiers from Burkina Faso, Chad, Mali, Mauritania and Niger. The rate is already too high and fewer people can afford to buy, a drop in rate is very likely. The currency code for Nairas is NGN, and the currency symbol is ₦. Expert now suggests that this gave birth to forex black market. I am discarding the currency latest tomorrow. The then administration had no choice rather than to accept the conditionality because of the pressure the Naira and the economy as a whole was under. Naira is getting low everyday by day, i dont knw why 4 christ sake, Nigeria don tire me o, my brothers nd sister, Dollar dropping is not until next year by February. Surely I don't have to remind about what happened the last time the Apex bank suddenly shocked the market in such manner. Though the exchange rate was stable and sold for 148 naira Subsidies removal will not save us rather,it will compound the problem the more. Meanwhile,investors will depart in droves and you will see how the niara will crash btw now and march 2021. our situation is very bad.. Kasala don bust o ,this evil currency known as dollar is rapidly going up again o , please buhari help us out o. I want to exchange my dollars where can I exchange it? It's better to sell now. Our leader care less about dollar rising against naira, and this will affect our economy greatly. Infact black market exchange rate became much pronounced more than ever in the history of Nigeria. Things did not get much better as most people expected; at least a weaker naira should help the economy So our currency mean nothing again oh, I pray it come down oh so someone can do some thing, It's really clear to everyone that doller is creasing too far more than nigerian currency (Naira), I actually plan on selling my BTC since dollar is high but BTC doesn't want to go up yet so I would see gain. The Dollar to Naira exchange rate seems not stable rather it fluctuates from time to time against the Naira, leading to the Naira losing most of its value. This is used because black and white is a symbol for duality, or the base of consciousness. Forintance, provide tractors for registered farmers, seeds and seedlings among others in this coming rainy season, this will boost food production for both local consumption and for export. 1 AED is being exchanged for 1.6687 DKK on today on February 17, 2021.This comparison is denoted as AED/DKK = 1.6687 in currency trading. We have experienced the trend na. Dollar is falling now, because people need Naira to spend for the festive period.. The Dollar/ Naira have not had a smooth ride ever since 1986, the relationship between both currency has been unpredictable leaving the economy of Nigeria poorer, Late President Sani Abacha held the Naira with an iron grip for a period of five years. Please how much is Dollar to Naira if I want to change from Aboki? @Iroro. That's correct According to Sanwo-Olu, "Starting this month, Lagosians are going to see renewed efforts that have been put into uplifting their welfare and living standards. This the main reason 4 the sharp drop in Dollar to Naira. Initial USD rate was noted as ₦473 at the beginning of this week on Monday, February 15, 2021. @TheParadox you are very correct.Is far best to keep money in cryptocurreny now than in bank. You better sell your dollars before end of week. Hope it falls even more getting to N380 to 1 dollar. Within 2 weeks from now, the $$ will be selling for 400 Naira. USA dollar worst 475 which equivalent to Nigerian Naira worst 1, This people done finish person...UBA no dey try at all. received today 380 from a dollar 4/2/2021, Currently now how much do aboki buy one dollar, i have a question. I'm not trading, I just held my cash in dollars. The 6.5billion dollar forex backlog demand and dividends . You guys should not get scared. The Naira was devalued to 85 naira while at same time the black market exchange rate was 105 to $1. The problem with high leverage is that it exposes most of your capital, to the extent that it can easily be lost within minutes. I think is advisable to sell ur dollars now. I see the shattering of this threshold soon. Or take home the big "Oracle's Cup" (currently 5,000 Rewardicals) prize for an exact prediction. The government then was only able to achieve this feet with a rigid exchange rate . The problem with high initial deposit is that most people simply don't have that kind of money. At this point Excess Crude Account (ECA) was introduced which had over $20 billion at the end of 2008. 01.2021. They are using black market rates to trade but if you want to sell to them, they use mid market rates. don't sell your dollar yet.it will appreciate further.oil price will fall below 40 dollar this third quarter. It can go to 2000 Naira for all I care. No, right now you can only transfer US Dollars (USD) to Nigeria. From the previous statistics the dollar will going to rise probably this week or next week up to 460-470 but unfortunately we have been noticing that the price is not plactuating anymore.plz is there any prediction about the rise up of the dollar this month? No too much talk... Dollar is very high that is everything is not going well in 9ja. I don't want to be caught up. Who will give you 1000 Kuwatis Dinar lol Volatility in Forex is almost infinitely smaller, so you need either high leverage or high initial deposit to be able to make anything. The current AUD/USD rate at the time of purchase is 0,700, that is, 1 Australian dollar can be bought by paying USD 0.7 for it. Please anyone has an idea how I can get the money out in cash. Things will get worse before it gets better. By the time CBN subtracts 6.5 billion dollar from its current 35.6 billion dollars you will understand the true position of things. USD to CAD forecast on Thursday, February, 18: exchange rate 1.2710 Canadian Dollars, maximum 1.2901, minimum 1.2519. Trade cautiously. Remember that the currency symbol for Dollar (US Dollar) is $. Where can I sell dollar in abuja with good rate. The rates are coming down tomorrow. can us dollars be used to purchase or you must exchange to naira? Even when oil prices fell to $50 per barrel Nigerians didn’t feel the impact as there was enough Dollars to cushion the effect. If you panic, you will lose your money. Note that the official exchange rate was 22 naira, the black market exchange rate was around 88 naira to 1 $. Euro (EUR) United States Dollar (USD) ... 5000.00 6030.00 10,000.00 12,060.00 20,000.00 24,120.01 50,000.00 60,300.02 100,000.00 120,600.04 ... How much difference is there in between american dollars to euros? Wow..!! When we look at this month, USD was traded at ₦495 at the beginning of this February on Monday, February 1, 2021.
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