Daily Dollar to Naira Exchange Rate Tracker 15th February 2023 


Daily Dollar to Naira Exchange Rate Tracker 15th February 2023 

Naira appreciated slightly against the US dollar on Wednesday, 15th February 2023, trading at an average of N755/$1 at the black market compared to the previous average of N756/$1.

This is according to information from black market FX operators.


On the other hand, the exchange rate at the cryptocurrency P2P exchange market depreciated further to N755.18/$1 on Wednesday, 15th February 2023, from N752.25/$1 recorded in the previous trading session.

Meanwhile, naira depreciated against the US dollar at the investors and exporters (I&E) window by 0.15% to close at N461/$1 on Tuesday, 14th February 2023 from N461/$1 recorded on Monday.

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Forex turnover at the official market decreased by 67.04% to $68.85 million on Tuesday, 14th February 2023, compared to the $208.91 million that was transacted in the previous session.

Nigeria’s external reserves stood at $36.817 billion as of Monday, 13th February 2023, slightly lower than the $36.82 billion recorded as of last week Friday.

Trading at the official NAFEX window

The exchange rate at the official market closed at N461.67/$1 on Tuesday, 14th February 2023, a 0.15% depreciation from N461/$1 recorded on Monday, 13th February 2023.

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The opening indicative rate closed at N461.25/$1 on Tuesday, 14th February 2023.

Furthermore, an exchange rate of N462.5/$1 was the highest rate recorded during intra-day trading before it settled at N461.67/1, while it traded for as low as N446/$1 during intra-day trading.

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A sum of $68.85 million in FX value was transacted at the I&E window on Tuesday which is 67.04% lower than the $208.91 million that exchanged hands in the previous session.


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