What is the exchange rate in Nigeria today was the question a friend asked me today and I was total lost, hence the purpose of this post.
You may intend to know the current exchange rate of the major currencies to Naira, currencies like Dollars, Canadian dollars, Euro, British Pounds.
You may intend to facilitate a business or do a basic currency conversion. It is important that you know that the exchange rate in Nigeria today fluctuates rapidly and to keep you upto date, you can do a quick conversion here.
CONVERT DOLLARS, CANADIAN DOLLARS, EURO, BRITISH POUNDS ETC TO NAIRA AND VICE VERSA
latest exchange rate of dollar to naira seem to fluctuate the fastest as most trading are done online in dollars from Nigeria, but you can also check the current euro to naira exchange rate with the converter above.
You have to understand that it outputs the current bank exchange rate dollar to naira and likewise in the other currency.
The converter does not cover the Nigeria black market dollar exchange rate today, to know that rate, you can check this site, and there you can check the dollar to naira exchange rate in Nigeria black market today
How much and what is the current exchange rate of dollar to Nair?
The Naira to dollar exchange rate has been fixed at an official rate of N305 to $1, But there has been a serious free fall in the market.
Use the converter to get the latest rate for dollar to naira and any other currency.
Reasons for the high exchange rate in Nigeria today
- Government Policies.
- We Nigerians love to purchase more foreign goods.
- Excess Importation into the country.
- Politicians looting the public funds.
- Fall in the price of oil, our major source of internally generated revenue.
REAL TIME EXCHANGE RATE IN NIGERIA CONVERSION TABLE FOR ALL CURRENCY
Do you have any comments on the exchange rate in Nigeria and conversion tables for the currency or you have an idea how the Naira can stop falling against the dollar, Please comment below!