Pls be informed that the naira has appreciated from ₦770.38/$ to ₦756.61/$ during the last 24 hours. The Investors and Exporters FX window, which is the official market for trading the naira, and currently allows free floating of the naira, closed at ₦756.61/$ this evening.

You can check it here: https://fmdqgroup.com/exchange/

Fingers crossed then

Looks like mind games 🤫🤔




Meanwhile, don't forget to check out my friend's short animation story😊😉


https://www.youtube.com/watch?v=GETbKihy7bk

Im asking how much was exchange rate of dollars before the new government came in.
Na $756 una the celebrate

We don't care, return our mandate :

It should be 120/1dollar before I go appreciate am....

How much then is black market price of 1$ to Naira

Una sha dey overhype this Tinubu with different fake news. Naira that I sold N765 per dollar few hours ago.

We dey happy abi wetin

How much Dem come meet this dollar?
Before pdp left aso-rock,
Dollars was roughly 145-150,

If una don sniff hell enter una brain,why e no go dey easier to forget the rubbish situation una government put us today.


Watch,
This government na e dey play but e no dey show,

It is just a matter of time. This floating exchange rate will pauperize some people including bureau de change.

We're just starting

Although it'll depreciate with time
I believe so

Tinubunomics

Amazing stuff

Damn

,

🧐

T

Omo!

Ndd

If you are buying petrol at 530 naira per liter when a dollar was sold at 465 naira, how much will you buy petrol when they import it with dollar at 756 naira?

Still bad.

Okay

Let’s watch

I thought it was ₦740, when did it get to ₦770

Is this appreciation or depreciation?

You floated Naira at 640 six days ago... it went to 770 today, returned to 750 a few hours ago.. so we are supposed to roll out the drums of celebration?

Good news or bad news?? Someone pls explicit

Good.
Once it converges around the parallel rate,further improvement will be seen.
A good part of what made the parallel market rate high was the round tripping.People would buy from the banks through connections and sell to the black market or the banks would hoard the dollars they buy from the CBN at favourable rate,sell to abokis and make huge profits while claiming in forms they sold to businessmen.
Why would anyone now sell to abokis if u can source from the bank.
Abokis too would in losing market have to bring down their rates or they lose some patronage particularly when people know there are fraud and counterfeit risks involved in trading in the black market.

MilesLamar:
We don't care, return our mandate :

Even Obi's son can slap you for this nonsense.

We are waiting for things to come back to what it was in 2015 before you people came with your wahala.

On my send app it's $=N 758 and 1 Euro= N 817. Not much improvement here

iCauseTrouble:
Una sha dey overhype this Tinubu with different fake news. Naira that I sold N765 per dollar few hours ago.

That's because you were quick

Elijayy:
We're just starting

Although it'll depreciate with time
I believe so

You wish it to depreciate?