Exchange rates among Naira and Dollar on third November 2022

The conversion scale between the naira and the US dollar fell at the bootleg market on Thursday, third November 2022, exchanging at a normal of N820/$1, addressing a 1.23% deterioration rather than N810/$1 kept in the past exchanging meeting.

This is as per data from black market merchants who addressed Lightgospel.

The conversion scale at the digital money distributed FX market likewise plunged against the US dollar to exchange at least N846.8/$1 on Thursday morning. This addresses a plunge of 2.27% when contrasted with N828/$1 which it exchanged simultaneously on Wednesday, second November 2022.

Additionally, the naira shut against the US dollar on Wednesday at N446/$1, a similar rate as the earlier day. In the mean time, the FX turnover at the I&E window valued by 32.92% to close at $68.56 million on Wednesday, from $51.58 million that was exchanged on Tuesday.

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