• About Us
  • Advertise with Us
  • Contact Us
Saturday, April 1, 2023
GoldenNewsNG
No Result
View All Result
  • Home
  • News
    Ugochinyere Threatens To Invite IPOB To Lagos

    Ugochinyere Threatens To Invite IPOB To Lagos

    Structures Around AIT/Raypower Premises Demolished By Wike

    Structures Around AIT/Raypower Premises Demolished By Wike

    NPC Server Under Attack

    NPC Server Under Attack

    Naira Scarcity : Latest CBN News On Naira Notes Today 1st April 2023

    Naira Scarcity : Latest CBN News On Naira Notes Today 1st April 2023

    Naira Redesign Was For The Interest Of Nigerians – CBN Declares

    Naira Redesign Was For The Interest Of Nigerians – CBN Declares

    Latest JAMB News Today 31st March 2023 | 2023 JAMB Mock Exam Update 

    Latest JAMB News Today 31st March 2023 | 2023 JAMB Mock Exam Update 

    Trending Tags

    • Commentary
    • featured
    • Event
    • Editorial
  • Npower
  • Jobs
  • NYSC Info
  • Education
  • Business
  • Entertainment
  • Sports
  • Technology
  • Home
  • News
    Ugochinyere Threatens To Invite IPOB To Lagos

    Ugochinyere Threatens To Invite IPOB To Lagos

    Structures Around AIT/Raypower Premises Demolished By Wike

    Structures Around AIT/Raypower Premises Demolished By Wike

    NPC Server Under Attack

    NPC Server Under Attack

    Naira Scarcity : Latest CBN News On Naira Notes Today 1st April 2023

    Naira Scarcity : Latest CBN News On Naira Notes Today 1st April 2023

    Naira Redesign Was For The Interest Of Nigerians – CBN Declares

    Naira Redesign Was For The Interest Of Nigerians – CBN Declares

    Latest JAMB News Today 31st March 2023 | 2023 JAMB Mock Exam Update 

    Latest JAMB News Today 31st March 2023 | 2023 JAMB Mock Exam Update 

    Trending Tags

    • Commentary
    • featured
    • Event
    • Editorial
  • Npower
  • Jobs
  • NYSC Info
  • Education
  • Business
  • Entertainment
  • Sports
  • Technology
No Result
View All Result
Golden News
No Result
View All Result
  • Home
  • News
  • Npower
  • Jobs
  • NYSC Info
  • Education
  • Business
  • Entertainment
  • Sports
  • Technology
Home business

Naira falls Drastically Against Dollar at the Black Market on 20th February 2023

Enudi Golden by Enudi Golden
February 20, 2023
in business, Headline, World News
Reading Time: 2 mins read
Naira falls Drastically against Dollar at the black market on 20th February 2023 see details below. Naira depreciated massively against the US dollar on Monday, 20th February 2023 to trade at an average of N775/$1, representing a 2.51% depreciation compared to N756/$1 recorded in the previous week. 
15
SHARES
FacebookShareTwitterShareWhatsappShareTelegramShare

Naira falls Drastically against Dollar at the black market on 20th February 2023 see details below.

Naira depreciated massively against the US dollar on Monday, 20th February 2023 to trade at an average of N775/$1, representing a 2.51% depreciation compared to N756/$1 recorded in the previous week. 

This is according to information from black market FX operators.

On the other hand, the exchange rate between the naira and the US dollar at the cryptocurrency P2P exchange market appreciated by 0.49% trading at an average of N752.9/$1 on Monday morning, 20th February 2023, from N756.6/$1 recorded last week Friday. 

READ ALSO

NPC Server Under Attack

Naira Scarcity : Latest CBN News On Naira Notes Today 1st April 2023

Similarly, the exchange rate between the naira and the US dollar strengthened by 0.16% at the investors and exporters (I&E) window to close at N461.25/$1 on Friday, 17th February 2023 compared to N462/$1 recorded on Thursday. 

A total of $81.78 million in FX value was transacted at the official exchange on Friday, representing a 17.30% increase against the $69.72 million that exchanged hands in the previous day. The nation’s external reserves likewise, declined further for the fourth consecutive day to $36.78 billion on Thursday from $36.79 billion. 

Trading at the official NAFEX window 

The exchange rate at the official market closed at N461.25/$1 on Friday, 17th February 2023, a 0.16% appreciation from N462/$1 recorded on Thursday, 16th February 2023. 

  • The opening indicative rate closed at N461.5/$1 on Friday, 17th February 2023. 
  • Furthermore, an exchange rate of N462.09/$1 was the highest rate recorded during intra-day trading before it settled at N461.25/1, while it traded for as low as N446/$1 during intra-day trading. 
  • A sum of $81.78 million in FX value was traded at the I&E window on Friday which is 17.30% higher than the $69.72 million that exchanged hands in the previous session. 

Related Posts

NPC Server Under Attack
Headline

NPC Server Under Attack

Naira Scarcity : Latest CBN News On Naira Notes Today 1st April 2023
business

Naira Scarcity : Latest CBN News On Naira Notes Today 1st April 2023

NPower News on Payment of Stipends Today 1st April 2023
Npower

NPower News on Payment of Stipends Today 1st April 2023

Black Market Dollar To Naira Exchange Rate Today 1st April 2023 (Aboki Exchange)
business

Black Market Dollar To Naira Exchange Rate Today 1st April 2023 (Aboki Exchange)

N371,000 Disappears From Customer's Piggyvest Account
business

N371,000 Disappears From Customer’s Piggyvest Account

200 Happy New Month Message for April 2023
Headline

200 Happy New Month Message for April 2023

Next Post
Nigeria National Agency for the Great Green Wall calls for  1000 youth volunteers - Apply Now

Nigeria National Agency for the Great Green Wall calls for  1000 youth volunteers - Apply Now

Leave a Reply Cancel reply

JUST IN

Ugochinyere Threatens To Invite IPOB To Lagos

Ugochinyere Threatens To Invite IPOB To Lagos

Davido Reveals Popular Singer Who Inspired The Title Of New Album ‘Timeless’

Davido Reveals Popular Singer Who Inspired The Title Of New Album ‘Timeless’

There Won’t Be Public Holiday During Census – NPC

There Won’t Be Public Holiday During Census – NPC

Structures Around AIT/Raypower Premises Demolished By Wike

Structures Around AIT/Raypower Premises Demolished By Wike

Reasons I Performed At World Cup In Spite Of My Son’s Death – Davido

Reasons I Performed At World Cup In Spite Of My Son’s Death – Davido

NPC Server Under Attack

NPC Server Under Attack

See Exciting Gift For The Winner Of Nigerian Idol Season 8

See Exciting Gift For The Winner Of Nigerian Idol Season 8

Naira Scarcity : Latest CBN News On Naira Notes Today 1st April 2023

Naira Scarcity : Latest CBN News On Naira Notes Today 1st April 2023

NPower News on Payment of Stipends Today 1st April 2023

NPower News on Payment of Stipends Today 1st April 2023

Black Market Dollar To Naira Exchange Rate Today 1st April 2023 (Aboki Exchange)

Black Market Dollar To Naira Exchange Rate Today 1st April 2023 (Aboki Exchange)

Follow us

Categories

  • Biafra
  • Big brother Titans
  • business
  • Crime
  • Education
  • Entertainment
  • Featured
  • General Information
  • Headline
  • Health
  • Insurance
  • Jamb & All Education News
  • Jobs
  • Lifestyle
  • LOAN & INVESTMENT
  • News
  • Npower
  • NYSC
  • Opinion
  • Politics
  • Relationship
  • Scholarship/ Opportunities
  • SPONSORED POST / GUEST POST
  • Sports
  • Technology
  • Tour
  • World News

Recent Posts

  • Ugochinyere Threatens To Invite IPOB To Lagos
  • Davido Reveals Popular Singer Who Inspired The Title Of New Album ‘Timeless’
  • There Won’t Be Public Holiday During Census – NPC
  • Structures Around AIT/Raypower Premises Demolished By Wike
  • About Us
  • Advertise with Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms And Conditions

© 2022 Golden News

No Result
View All Result
  • Home
  • News
  • Npower
  • Jobs
  • NYSC Info
  • Education
  • Business
  • Entertainment
  • Sports
  • Technology

© 2022 Golden News

YOU WANT LATEST UPDATES?

JOIN OUR TELEGRAM CHANNEL NOW
X