Stats: 3,228,543 members, 8,078,641 topics. Date: Friday, 14 February 2025 at 11:21 PM |
Nairaland Forum / Nairaland / General / Business / Naira Strengthens Against The Dollar, Sells At N1400/$ On The Parallel Market (29868 Views)
Naira Appreciates To N756.61/$ On Investors & Exporters' FX Window / Dollar Sells For N445 As Forex Scarcity Persists / Dollar Sells For N420, Naira Crashes In Value (2) (3) (4)
(1) (2) (3) (4) (5) (6) (7) (8) (Reply) (Go Down)
Naira Strengthens Against The Dollar, Sells At N1400/$ On The Parallel Market by EcoBrick: 3:41pm On Mar 20, 2024 |
Parallel market operators are quoting a buy price of N1400/$1 for holders of dollars looking to sell marking a significant strengthening on the naira. https://nairametrics.com/2024/03/20/naira-strengthens-to-n1400-on-the-parallel-market-as-speculators-sell/?amp=1 99 Likes 5 Shares
|
Re: Naira Strengthens Against The Dollar, Sells At N1400/$ On The Parallel Market by Paraman: 3:42pm On Mar 20, 2024 |
Wicked Mallams ![]() I'm in support of this their buying and selling method. A dollar will be sold for #3000 by the end of march gang in the mud. 147 Likes 22 Shares |
Re: Naira Strengthens Against The Dollar, Sells At N1400/$ On The Parallel Market by Kaycee9242(m): 3:47pm On Mar 20, 2024 |
Wake me when it gets to 700 that Buhari left it, then we will rejoice when it gets to 260 that Apc met it 248 Likes 24 Shares |
Re: Naira Strengthens Against The Dollar, Sells At N1400/$ On The Parallel Market by seborrhic: 3:55pm On Mar 20, 2024 |
It was pure speculation that was driving that alarming slide and because of it,people were withholding their dollars,even Nigerians abroad and those they sent dollars down here,believing it was heading to 2k and even beyond when they would then release it. Many even did it at the risk of not getting the essentials it was sent for. Also some bought to hoard for same reasons. Seeing now that it's been falling and fearing their dollars is relatively losing value and may continue doing so,they are gradually releasing it,while still watching. If it falls to say 1400 or even 1300,I foresee a panic dump of dollars into the market 150 Likes 13 Shares |
Re: Naira Strengthens Against The Dollar, Sells At N1400/$ On The Parallel Market by predictor1: 3:55pm On Mar 20, 2024 |
Kaycee9242:#700 yes, but #260? Maybe you should go back to earning the same amount you earned before buhari came 9 years ago. 145 Likes 16 Shares |
Re: Naira Strengthens Against The Dollar, Sells At N1400/$ On The Parallel Market by Hollyharjii: 3:55pm On Mar 20, 2024 |
Please, someone should inform me when it becomes #300 to $1 15 Likes |
Re: Naira Strengthens Against The Dollar, Sells At N1400/$ On The Parallel Market by omoadeleye(m): 3:55pm On Mar 20, 2024 |
This isn't supposed to be right 3 Likes 2 Shares |
Re: Naira Strengthens Against The Dollar, Sells At N1400/$ On The Parallel Market by ClearFlair: 3:55pm On Mar 20, 2024 |
Kaycee9242: Exactly. 18 Likes 3 Shares |
Re: Naira Strengthens Against The Dollar, Sells At N1400/$ On The Parallel Market by chaddy16: 3:55pm On Mar 20, 2024 |
We will all witness a better Nigeria together in our live lifetime. Insha Allah 91 Likes 12 Shares |
Re: Naira Strengthens Against The Dollar, Sells At N1400/$ On The Parallel Market by Rikze: 3:55pm On Mar 20, 2024 |
![]() It's good we are seeing a gradual resurgence of the Naira. A lot more still needs to be done by the APC govt and the CBN. 26 Likes 2 Shares |
Re: Naira Strengthens Against The Dollar, Sells At N1400/$ On The Parallel Market by Bullfallo(m): 3:55pm On Mar 20, 2024 |
Ok 1 Like |
Re: Naira Strengthens Against The Dollar, Sells At N1400/$ On The Parallel Market by SYSTEM222: 3:56pm On Mar 20, 2024 |
I was surprised when I found out it was sold for 1400 against 1580 as of yesterday. The dip is too sporadic and it's not normal. Why the dip of 180naira in 24hrs? If something can push it down so quick. Something can also push it up quickly as well. We need a stabilized system here 90 Likes 5 Shares |
Re: Naira Strengthens Against The Dollar, Sells At N1400/$ On The Parallel Market by Aboks(m): 3:56pm On Mar 20, 2024 |
Kaycee9242: Tell dem, nothing to rejoice 10 Likes 3 Shares |
Re: Naira Strengthens Against The Dollar, Sells At N1400/$ On The Parallel Market by ZUKKYY(m): 3:56pm On Mar 20, 2024 |
Online |
Re: Naira Strengthens Against The Dollar, Sells At N1400/$ On The Parallel Market by tommy589(m): 3:56pm On Mar 20, 2024 |
Paraman: ![]() 1 Like |
Re: Naira Strengthens Against The Dollar, Sells At N1400/$ On The Parallel Market by MrJames007: 3:56pm On Mar 20, 2024 |
Please make e continue to drop. 11 Likes |
Re: Naira Strengthens Against The Dollar, Sells At N1400/$ On The Parallel Market by Winning123: 3:56pm On Mar 20, 2024 |
Paraman: They will sell that dollar for N500 very soon. God go deal with them and their collaborators. 49 Likes 6 Shares |
Re: Naira Strengthens Against The Dollar, Sells At N1400/$ On The Parallel Market by GOFRONT(m): 3:56pm On Mar 20, 2024 |
![]() |
Re: Naira Strengthens Against The Dollar, Sells At N1400/$ On The Parallel Market by Bullfallo(m): 3:57pm On Mar 20, 2024 |
seborrhic:the only way there will be panic dumping is if it cross down to 700 8 Likes |
Re: Naira Strengthens Against The Dollar, Sells At N1400/$ On The Parallel Market by reiddecuti: 3:57pm On Mar 20, 2024 |
The agbadorians will romance their d*ck now. The truth is APC is a failure as a party. 17 Likes 5 Shares |
Re: Naira Strengthens Against The Dollar, Sells At N1400/$ On The Parallel Market by omoadeleye(m): 3:57pm On Mar 20, 2024 |
predictor1: That's why currency is being floated, it can dump to ₦1/$1 17 Likes |
Re: Naira Strengthens Against The Dollar, Sells At N1400/$ On The Parallel Market by Moyinoluwa35(f): 3:58pm On Mar 20, 2024 |
Mtcheww 1 Like |
Re: Naira Strengthens Against The Dollar, Sells At N1400/$ On The Parallel Market by sofeo(m): 3:59pm On Mar 20, 2024 |
Alright. |
Re: Naira Strengthens Against The Dollar, Sells At N1400/$ On The Parallel Market by papiwyte(m): 3:59pm On Mar 20, 2024 |
Enemies of Nigeria won't like this news 43 Likes 8 Shares
|
Re: Naira Strengthens Against The Dollar, Sells At N1400/$ On The Parallel Market by Formularcr7: 3:59pm On Mar 20, 2024 |
I wanna see the effect in the market. 10 Likes |
Re: Naira Strengthens Against The Dollar, Sells At N1400/$ On The Parallel Market by nonut: 3:59pm On Mar 20, 2024 |
Wen 500 per dollar? 1 Like |
Re: Naira Strengthens Against The Dollar, Sells At N1400/$ On The Parallel Market by Forest122: 4:00pm On Mar 20, 2024 |
Good, going to 750 4 Likes |
Re: Naira Strengthens Against The Dollar, Sells At N1400/$ On The Parallel Market by Raylight2(m): 4:00pm On Mar 20, 2024 |
Kaycee9242: Something CBN pegged at 1300 2 Likes |
Re: Naira Strengthens Against The Dollar, Sells At N1400/$ On The Parallel Market by Racoon(m): 4:00pm On Mar 20, 2024 |
Nice one. But $1 @ #216 is still very bad let alone #1400 under the APC. 9 Likes |
Re: Naira Strengthens Against The Dollar, Sells At N1400/$ On The Parallel Market by sylve11: 4:00pm On Mar 20, 2024 |
Let it continue to fall. ![]() 9 Likes |
Re: Naira Strengthens Against The Dollar, Sells At N1400/$ On The Parallel Market by Uchesis: 4:00pm On Mar 20, 2024 |
Kaycee9242:Enter any beer parlour, collect drink. I go pay ![]() 12 Likes 2 Shares |
Re: Naira Strengthens Against The Dollar, Sells At N1400/$ On The Parallel Market by morikee: 4:01pm On Mar 20, 2024 |
E don pump again |
(1) (2) (3) (4) (5) (6) (7) (8) (Reply)
Zenith Bank Suspends International ATM Withdrawals/POS Payments / He Kept So Many Secrets And Lies, Marriage Is Crazy. / Importer To CBN: Tell The Truth, Naira Has Been Devalued
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2025 Oluwaseun Osewa. All rights reserved. See How To Advertise. 24 |