Nigeria: Dollar to Naira Exchange Rate Today, October 20, 2025
5 Articles
5 Articles
Naira rebounds with strong gains against US dollar
The naira rebounded with significant gains against the dollar at the official market on Monday, recovering from losses recorded on Friday, October 17, 2025. Data from the Central Bank of Nigeria showed that the naira appreciated to N1,465.29 per dollar on Monday, up from N1,475.35 on Friday. This indicates that the naira strengthened by N10.06 against the dollar compared to the previous week’s closing rate. At the black market, however, the nair…
Nigeria: Dollar to Naira Exchange Rate Today, October 20, 2025
The naira traded mixed on Monday as official market rates held steady while the parallel (street) market remained notably weaker, reflecting tight dollar supply and continuing demand from importers and retail dealers.
What is the dollar and what is its importance in Peru?The U.S. dollar is the currency most used in international trade and has a fundamental role in the Peruvian economy. In our country, much of the commercial and financial operations, such as mortgage credits, savings and imports, are made in this currency. This makes the dollar exchange rate a crucial variable that directly influences the economy of households and businesses. Its widespread us…
Naira Slides on Parallel Market Despite CBN Stability Efforts
News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/naira-slides-on-parallel-market-despite-cbn-stability-efforts/The naira weakened on Nigeria’s parallel market Sunday, with black market dealers quoting the dollar at 1,485 to 1,500 naira, widening the gap between street rates and official channels. While the Nigerian Foreign Exchange Market held steady in the mid-1,400s, the persistent spread reflects…
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