Daily Dollar to Naira Exchange Rate Tracker 30th November 2022


Daily Dollar to Naira Exchange Rate Tracker 30th November 2022

The exchange rate between the naira and the US dollar closed at an average of N767/$1 on Wednesday, 30th November 2022 at the black market, representing a 0.39% appreciation as against N770/$1 recorded on Tuesday.

This is according to information from black market traders.


Also, the value of the naira appreciated against the US dollar on Wednesday at the cryptocurrency peer-to-peer market, closing at a minimum of N757/$1. This represents a 1.3% gain from N767/$1 that was recorded in the previous trading session.

On the other hand, naira depreciated against the US dollar on Tuesday, 29th November 2022 to close at N445.3/$1 at the I&E window, representing a 0.13% downturn from N444.7/$1 recorded in the previous trading session. A total of $108.32 million was traded at the official market on Tuesday, which is 44.47% higher than the $74.98 million traded on Monday.

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Nigeria’s external reserve dipped further for the fifth consecutive day on Monday, 28th November 2022, declining by 0.13% to stand at $37.12 billion from $37.17 billion recorded as of the previous day.

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Trading at the official NAFEX window

The exchange rate at the official market closed at N445.3$1 on Tuesday, 29th November 2022, representing a 0.13% depreciation compared to the closing rate of N444.7/$1 recorded in the previous trading session.

The opening indicative rate closed at N444.17/$1 on Tuesday, 29th November 2022.

Furthermore, an exchange rate of N447.39/$1 was the highest rate recorded during intra-day trading before it settled at N445.3/$1, while it traded for as low as N432/$1 during intra-day trading.

A total of $108.32 million in FX value was traded at the Investors and Exporters, a 44.47% increase compared to $74.98 million that exchanged hands in the previous session.


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