Naira crashed massively on the last day of April 2022, See New Exchange rates below.
GoldenNewsNg reports that the naira exchanged at N419.00 to the dollar at the Investors and Exporters window on Friday, the last official trading day for the month of April 2022, by a -0.12 per cent depreciation, compared to 418.50 to the dollar on Thursday.
The open indicative rate closed at N417.30 to the dollar on Friday.
An exchange rate of N444 to the dollar was the highest rate recorded within the day’s trading before it settled at N419.00.
The naira sold for as low as 410 to the dollar within the day’s trading.
A total of 158.55 million dollars was traded in foreign exchange at the official Investors and Exporters window on Friday. (NAN)
The local currency opened at N587.00 per $1 at the parallel market otherwise known as the black market, today, Friday, 29 April 2022 , in Lagos Nigeria, after it closed at N587.00 per $1 on Thursday, 28 April 2022.
Disclaimer: GoldenNewsNg does not set or determine forex rates. The official NAFEX rates are obtained from the website of the FMDQOTC. Parallel market rates (black market rates) are obtained from various sources including online media outlets. The rates you buy or sell forex may be different from what is captured in this article.