Stats: 3,186,555 members, 7,929,793 topics. Date: Friday, 23 August 2024 at 11:14 PM |
Nairaland Forum / Nairaland / General / Business / CBN Confirms N410.25/$ As New Official Exchange Rate (27251 Views)
Naira Crashes To 1,030/$ As Speculators React / CBN Confirms Investigation Of Oniwinde Adedotun, Abokifx Founder / Naira To Trade At 386/$ As CBN Resumes Forex Sale To BDCs (2) (3) (4)
(1) (2) (3) (4) (5) (Reply) (Go Down)
CBN Confirms N410.25/$ As New Official Exchange Rate by prof2007: 12:57am On May 26, 2021 |
The Central Bank of Nigeria has officially made the NAFEX Investor & Exporter forex window rate of N410.25 as its official exchange rate to the dollar. It confirmed this new official rate on its website on Monday night, after it had removed N379/$ earlier in May. SOURCE: https://punchng.com/cbn-confirms-n410-25-as-new-official-exchange-rate/ 5 Likes 2 Shares
|
Re: CBN Confirms N410.25/$ As New Official Exchange Rate by hisgrace090: 1:20am On May 26, 2021 |
From one tell of sorrow to another. 58 Likes 6 Shares |
Re: CBN Confirms N410.25/$ As New Official Exchange Rate by EmmaJnr1: 1:38am On May 26, 2021 |
this country is gone, can u imagine the hardship that this would cause. before 2023 it will get to 500 then black market would charge 700-800 87 Likes 2 Shares |
Re: CBN Confirms N410.25/$ As New Official Exchange Rate by iLegendd(m): 2:31am On May 26, 2021 |
We warned them about Buhari, but they didn't listen. I'm not supposed to complain because most of my money come in USD and GBP. Converting to Naira will look like money ritual. Before 2023, it will be 1000/$. 94 Likes 4 Shares
|
Re: CBN Confirms N410.25/$ As New Official Exchange Rate by iLegendd(m): 2:41am On May 26, 2021 |
Lalasticlala, come see what our darling government is doing. 6 Likes |
Re: CBN Confirms N410.25/$ As New Official Exchange Rate by vcente(m): 3:13am On May 26, 2021 |
Nigeria's problem is two fold, there is a lot of pressure on the cbn to turn our forex window into a free market, where only supply and demand can dictate the value of the naira. Unfortunately, such methods only work on stable political landscapes, like Canada, Australia and Japan. If Nigeria were to try that, we would end up owing more than we currently do, faster than you can blink. Nigeria is just a small fish in an ocean filled with sharks. N.b cbn should continue, Canada's economy has been tanking since the covid 19 pandemic 16 Likes 2 Shares |
Re: CBN Confirms N410.25/$ As New Official Exchange Rate by Juliusmomoh: 4:39am On May 26, 2021 |
Bye bye to naija... Just got my visa... Canada on mind. 49 Likes 2 Shares |
Re: CBN Confirms N410.25/$ As New Official Exchange Rate by ChiefSosa(m): 4:43am On May 26, 2021 |
May Anybody still supporting this government die a very miserable death. The death will be so miserable that people will piss on his/her grave. Generations to come will also piss and spit on the graves. 89 Likes 5 Shares
|
Re: CBN Confirms N410.25/$ As New Official Exchange Rate by Valkrie: 6:04am On May 26, 2021 |
But they sell to dangote at a cheaper rate and far below this rate...!!! 36 Likes 1 Share |
Re: CBN Confirms N410.25/$ As New Official Exchange Rate by Donvic4u(m): 6:48am On May 26, 2021 |
vcente: Which Canada's economy is tanking? You don't know what you are saying sir 35 Likes 2 Shares |
Re: CBN Confirms N410.25/$ As New Official Exchange Rate by SleekyPosh(m): 7:33am On May 26, 2021 |
God why? 11 Likes 1 Share
|
Re: CBN Confirms N410.25/$ As New Official Exchange Rate by dayus444: 7:56am On May 26, 2021 |
It is finished! |
Re: CBN Confirms N410.25/$ As New Official Exchange Rate by question(m): 8:36am On May 26, 2021 |
Even if Nigeria is finished, wahala for this Nigeria no dey finish. 8 Likes 1 Share |
Re: CBN Confirms N410.25/$ As New Official Exchange Rate by dynicks(m): 9:25am On May 26, 2021 |
GENERALLY SPEAKING, MOST GROUP OF PERSONS FROM A PARTICULAR ZONE KICKED AGAINST, YELLED AGAINST, PREACHED AGAINST, FOUGHT AGAINST VOTING THIS GOVERNMENT INTO POWER BUT THEY WERE RATHER SEEN AS LOSERS, THIRD CLASS AND THEIR WORDS TAKEN AS INCONSEQUENTIAL.... Today, everyone is feeling the heat!!... 79 Likes 5 Shares |
Re: CBN Confirms N410.25/$ As New Official Exchange Rate by smartty68(m): 9:44am On May 26, 2021 |
Clowns! While the unofficially rates fluctuates around 500+. 5 Likes 1 Share
|
Re: CBN Confirms N410.25/$ As New Official Exchange Rate by IgiveLadiesBj(m): 9:44am On May 26, 2021 |
Omo, na him be say black market own go increase to 510 5 Likes 1 Share |
Re: CBN Confirms N410.25/$ As New Official Exchange Rate by Officialgarri: 9:44am On May 26, 2021 |
They should better reintroduce crypto, maybe it will ease the burden on people 6 Likes 1 Share
|
Re: CBN Confirms N410.25/$ As New Official Exchange Rate by rawtouch: 9:44am On May 26, 2021 |
still not the real value 3 Likes |
Re: CBN Confirms N410.25/$ As New Official Exchange Rate by lessonotes(f): 9:44am On May 26, 2021 |
Hmmm plus the incoming Fuel Price Hike; damn ![]() ![]() CBN banning crypto transactions wasn't wise. |
Re: CBN Confirms N410.25/$ As New Official Exchange Rate by Nobody: 9:45am On May 26, 2021 |
wow ![]() Where are we headed? |
Re: CBN Confirms N410.25/$ As New Official Exchange Rate by Built2last: 9:45am On May 26, 2021 |
Doomed Let's not forget where APC picked up exchange rate in 2015 12 Likes 1 Share |
Re: CBN Confirms N410.25/$ As New Official Exchange Rate by flemsy15(m): 9:45am On May 26, 2021 |
But, but, but it was around N196 when you guys took over in 2015 14 Likes 1 Share |
Re: CBN Confirms N410.25/$ As New Official Exchange Rate by seankafor(m): 9:45am On May 26, 2021 |
Wahala for who dey save money for Naira ![]() 18 Likes 1 Share |
Re: CBN Confirms N410.25/$ As New Official Exchange Rate by Toluwanise247(m): 9:46am On May 26, 2021 |
This is not Nigeria that I was born they have swapped my country. Wahala dey oooo. 6 Likes 1 Share |
Re: CBN Confirms N410.25/$ As New Official Exchange Rate by Coldshisha: 9:46am On May 26, 2021 |
Hahahahaaaa So in black markets we are looking at 470 One day one bad news from Buhari Let them Kuku increase petrol to the 350 they are speculating, a kill us once and for all 1 Like 1 Share |
Re: CBN Confirms N410.25/$ As New Official Exchange Rate by obembet(f): 9:46am On May 26, 2021 |
![]()
|
Re: CBN Confirms N410.25/$ As New Official Exchange Rate by Ijaya123: 9:46am On May 26, 2021 |
Godwin Emiefele, the worst CBN Governor in the history of Nigeria. Very confused and incompetent fellow. The useless man should have been fired long time ago! Anyway, his Oga is as clueless as him too. How did we even get here? 26 Likes 1 Share |
Re: CBN Confirms N410.25/$ As New Official Exchange Rate by Nobody: 9:46am On May 26, 2021 |
Them don kukuma kill this country 2 Likes 1 Share |
Re: CBN Confirms N410.25/$ As New Official Exchange Rate by fnep2smooth(m): 9:46am On May 26, 2021 |
Cash out for me 1 Like 2 Shares |
Re: CBN Confirms N410.25/$ As New Official Exchange Rate by MrBONE2(m): 9:47am On May 26, 2021 |
Thank Great One that all my money are in Rand and Shilling ![]() |
Re: CBN Confirms N410.25/$ As New Official Exchange Rate by KingDash: 9:47am On May 26, 2021 |
useless country... 1 Like 1 Share |
CBN To Grab Unclaimed Funds In Banks, Dormant Account Balances / 60% Of Hawkers In Nigeria Hail From Ebonyi State - AIT / Ghana’s Inflation Hits 40.4% In October 2022
(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 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 21 |