This week Update.
The above image shown the daily exchange rate.
- Bright lime green → Highest Rate
- Light orange → Lowest Rate
- Olive green → Closing Rate
- Yellow-orange → Simple Average Rate
Here is the weekly break down of $/₦exchange rate.
Right now this is the current price in the $/₦ exchange rate.
Bybit >₦1,434.80
Bitget >₦1434.80
Currency Convert > #1,434.25(
https://wise.com/gb/currency-converter/usd-to-ngn-rate)
The average today is = #1,434.53
Naira has shown to be abit stable around #1360 for days now. This gradually decrement in rate of naira to dollar should started showing its effect on price of goods and services. Atleast we should see reduction in price of goods now as this decrement is also effective on parallel market.
BTC corner:1 BTC = $69148.21(Binance)
Equivalent in naira = ₦94,338,978.60 (
https://www.google.com/finance/quote/BTC-NGN?sa=X&ved=2ahUKEwjB7eCZjsWRAxU9V0EAHUbOHMoQ-fUHegQIIhAe)
(Price made around 10:58pm forum time)