Find Below Naira to Dollar Exchange Rate History

1972 $1 = N0.658
1973 $1 = N0.658
1974 $1 = N0.63
1975 $1 = N0.616
1976 $1 = N0.62
1977 $1 = N0.647
1978 $1 = N0.606
1979 $1 = N0.596
1980 $1 = N0.550 (0.900 Black Market Rate)
1981 $1 = N0.61
1982 $1 = N0.673
1983 $1 = N0.724
1984 $1 = N0.765
1985 $1 = N0.894 (N1.70 Black Market Rate)
1986 $1 = N2.02 (N3.90 Black Market Rate)
1987 $1 = N4.02 (N5.90 Black Market Rate)
1988 $1 = N4.54 (N6.70 Black Market Rate)
1989 $1 = N7.39 (N10.70 Black Market Rate)
1990 $1 = N7.39 (N10.70 Black Market Rate)
1991 $1 = N8.04 (N9.30 Black Market Rate)
1992 $1 = N9.91
1993 $1 = N17.30 (N21.90 Black Market Rate)
1994 $1 = N22.33 (N56.80 Black Market Rate)
1995 $1 = N21.89 (N71.70 Black Market Rate)
1996 $1 = N21.89 (N84.58 Black Market Rate)
1997 $1 = N21.89 (N84.58 Black Market Rate)
1998 $1 = N21.89 (N84.70 Black Market Rate)
1999 $1 = N21.89 (N88-N90 Black Market Rate)
2000 $1 = N85.98 (N105.00 Black Market Rate)
2001 $1 = N99-N106 (N104-N122 Black Market Rate)
2002 $1 = N109-N113 (N122-N140 Black Market Rate)
2003 $1 = N114-N127 (N135-N137 Black Market Rate)
2004 $1 = N127-N130 (N137-N144 Black Market Rate)
2005 $1 = N132-N136
2006 $1 = N128.50-N131.80
2007 $1 = N120-N125
2008 $1 = N115.50-N120
2009 $1 = N145-N171
2010 $1 = N148.21-N154.8
2011 $1 = N151.05-N165.1
2012 $1 = N155.09-N161.5
2013 $1 = N153.21-N162.9
2014 $1 = N170-N199
2015 $1 = N199-N300
2016 $1 = N300-N320 (N310-N370 Black Market Rate)
2017 $1 = N360
2022. Now. = Official = N419. Oops.
Unofficial = N610

What happened between 1999 and 2000?

There was no economic crisis to the best of my knowledge.

SOURCE: FACEBOOK POST

Why can't they tame Naira depreciation?

i have up to 30btc but cant see it due to low rate of dolla (spammers in the house will understand)

That is why I keep saying that PDP has no justification to insult or criticise APC because both of them are the same killers of the economy. PDP met the currency at N90 in the black market in 1999 and left it at N300 in 2015 when they left power. APC met it at N300 in 2015 according to the post and has murdered the currency to over N612 in 2022 and they are still unrelenting and the murdering keeps growing . The same group of people changing parties but with their evil personalities still remaining

Omo.

Plotting this graphically would be more informative.

Thanks for the data anyways.

Imagine naira is officially 419 (SCAM).

1985-87, 2015-22... If you know, you know!

Buhari met naira sleeping stylishly on dollar in 2015 and immediately gave it a flight ticket to oblivion,imagine Naira competing with Malawi Pasco and ugadan shillings for the most useless currency in the world,who would have thought that Buhari was capable of pulling such a miracle in less than 7 years

199 to 612



That's more than a geometric progression..

oz4real83:
That is why I keep saying that PDP has no justification to insult or criticise APC because both of them are the same killers of the economy. PDP met the currency at N90 in the black market in 1999 and left it at N300 in 2015 when they left power. APC met it at N300 in 2015 according to the post and has murdered the currency to over N612 in 2022 and they are still unrelenting and the murdering keeps growing . The same group of people changing parties but with their evil personalities still remaining

civilian govt of the SECOND REPUBLIC and MILITARY should be in the best position to answer that question.
Lastly the REBUILDING of FCT ABUJA was a total waste of fund that further led to the collapse of the naira

I am not PDP man but I strongly think they have justification ...

Buhari had promised us many things included this very one issue.





So stop defending the failure called Mo. Buhari

oz4real83:
That is why I keep saying that PDP has no justification to insult or criticise APC because both of them are the same killers of the economy. PDP met the currency at N90 in the black market in 1999 and left it at N300 in 2015 when they left power. APC met it at N300 in 2015 according to the post and has murdered the currency to over N612 in 2022 and they are still unrelenting and the murdering keeps growing . The same group of people changing parties but with their evil personalities still remaining