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Naira Appreciates To ₦1,530/$ From ₦1,535 In Parallel Market - Business - Nairaland

Nairaland Forum / Nairaland / General / Business / Naira Appreciates To ₦1,530/$ From ₦1,535 In Parallel Market (7035 Views)

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Naira Appreciates To ₦1,530/$ From ₦1,535 In Parallel Market by ogododo: 9:41pm On Jul 05
The Naira has appreciated in the parallel market to N1,530 per dollar from N1,535 per dollar on Thursday.

Similarly, the Naira appreciated to N1,509.67 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM.

Data from FMDQ showed that the indicative exchange rate for NAFEM rose to N1,509.67 per dollar from N1,520.24 per dollar on Thursday, indicating N10.57 appreciation for the naira.

The volume of dollars traded (turnover) in the market fell by 32.6 percent to $116.88 million from $173.51 million traded on Thursday.

Consequently, the margin between the parallel market and NAFEM rates widened to N20.33 per dollar from N14.76 per dollar on Thursday.

https://www.vanguardngr.com/2024/07/naira-appreciates-to-n1530-in-parallel-market/

3 Likes 2 Shares

Re: Naira Appreciates To ₦1,530/$ From ₦1,535 In Parallel Market by gistray: 9:44pm On Jul 05
Appreciates or depreciates? 🤡

Useless shythole that made me panic sell my $$ savings

62 Likes 2 Shares

Re: Naira Appreciates To ₦1,530/$ From ₦1,535 In Parallel Market by Righthussle: 9:50pm On Jul 05
Chai! So na appreciation be this

50 Likes 1 Share

Re: Naira Appreciates To ₦1,530/$ From ₦1,535 In Parallel Market by GreenxGreen: 9:54pm On Jul 05
Nonsense 🤬🤬🤬

23 Likes 1 Share

Re: Naira Appreciates To ₦1,530/$ From ₦1,535 In Parallel Market by Ance4Liverpool: 9:55pm On Jul 05
Apc and thier supporters are very very wicked. see what m or o n s are caling appreciation

62 Likes 2 Shares

Re: Naira Appreciates To ₦1,530/$ From ₦1,535 In Parallel Market by Okwyjesus(m): 10:00pm On Jul 05
Yoru - crazy.

I use to rate Tinubu high until he took over power.

62 Likes 1 Share

Re: Naira Appreciates To ₦1,530/$ From ₦1,535 In Parallel Market by BafanaBafana: 9:57am On Jul 06
Hihihihi

1 Like

Re: Naira Appreciates To ₦1,530/$ From ₦1,535 In Parallel Market by Taich(m): 9:58am On Jul 06
It is still cheap.

2 Likes

Re: Naira Appreciates To ₦1,530/$ From ₦1,535 In Parallel Market by Jestin: 9:58am On Jul 06
Which kind appreciation be this ??

14 Likes

Re: Naira Appreciates To ₦1,530/$ From ₦1,535 In Parallel Market by saddler: 9:58am On Jul 06
You call thiz appreciation?

One step forward, ten steps backward. undecided

25 Likes

Re: Naira Appreciates To ₦1,530/$ From ₦1,535 In Parallel Market by diamond68: 9:58am On Jul 06
shocked
Re: Naira Appreciates To ₦1,530/$ From ₦1,535 In Parallel Market by oluseyiforjesus(m): 9:59am On Jul 06
APC met ds dollar#240/$

22 Likes

Re: Naira Appreciates To ₦1,530/$ From ₦1,535 In Parallel Market by Funkyswagzz(m): 9:59am On Jul 06
I don't understand this anymore which one is appreciate and depreciate again.

5 Likes

Re: Naira Appreciates To ₦1,530/$ From ₦1,535 In Parallel Market by fixedhollies(m): 9:59am On Jul 06
Awon iran iran kiran… using our lives for practical

15 Likes 1 Share

Re: Naira Appreciates To ₦1,530/$ From ₦1,535 In Parallel Market by Roger3D(m): 9:59am On Jul 06
gistray:
Appreciates or depreciates? 🤡

Useless shythole that made me panic sell my $$ savings
That's on your greedy arse

4 Likes 1 Share

Re: Naira Appreciates To ₦1,530/$ From ₦1,535 In Parallel Market by VTJN(m): 10:00am On Jul 06
Too bad
Re: Naira Appreciates To ₦1,530/$ From ₦1,535 In Parallel Market by narite: 10:00am On Jul 06
Taich:
It is still cheap.
The Future is……

1 Like

Re: Naira Appreciates To ₦1,530/$ From ₦1,535 In Parallel Market by JohnieWalker12(m): 10:00am On Jul 06
Una don dey celebrate N5 gain. Smh

22 Likes 1 Share

Re: Naira Appreciates To ₦1,530/$ From ₦1,535 In Parallel Market by Emmyemmy1(m): 10:01am On Jul 06
Congratulations to them


Help out dear lovelies

I swear e red fully...i no sabi tell stories

It's red hot ..Nothing at all


What you can do pls do ...To save

2285849611

UBA

THANKS A BUNCH
Re: Naira Appreciates To ₦1,530/$ From ₦1,535 In Parallel Market by EyeCumInPiece: 10:01am On Jul 06
To sophisticated hypocrites,
₦1,530 /$ is OK.
But ₦216 /$ is not OK. grin

36 Likes 3 Shares

Re: Naira Appreciates To ₦1,530/$ From ₦1,535 In Parallel Market by showby: 10:01am On Jul 06
God go punish una!

3 Likes

Re: Naira Appreciates To ₦1,530/$ From ₦1,535 In Parallel Market by magabounce(m): 10:02am On Jul 06
Appreciator!!!!
Re: Naira Appreciates To ₦1,530/$ From ₦1,535 In Parallel Market by 99thEnemy(m): 10:03am On Jul 06
Haters must still hate grin








God bless Rev Fr Hyacinth Alia cool
Re: Naira Appreciates To ₦1,530/$ From ₦1,535 In Parallel Market by guobe: 10:03am On Jul 06
Lol Nigerian HELL FUNNY SHA.1500 YOU GUYS ARE NOT SERIOUS.

2 Likes

Re: Naira Appreciates To ₦1,530/$ From ₦1,535 In Parallel Market by Sparrk007(m): 10:03am On Jul 06
You well angry

1 Like

Re: Naira Appreciates To ₦1,530/$ From ₦1,535 In Parallel Market by oz4real83(m): 10:03am On Jul 06
Gained five naira that can't buy anything in the market, not even sachet water or toothpick angry sad

11 Likes

Re: Naira Appreciates To ₦1,530/$ From ₦1,535 In Parallel Market by GreyWolf01: 10:04am On Jul 06
Where's that idi.ota, @Helinues?

4 Likes

Re: Naira Appreciates To ₦1,530/$ From ₦1,535 In Parallel Market by ExudeLoveToAll: 10:05am On Jul 06
oluseyiforjesus:
APC met ds dollar#240/$


Which 240? It was less than 200. I could remember changing forex in 2012/2013 , $100 for 16000k can't believe it's times 10 of that amount in just one decade.. Meaning naira lost over 1000% of its value in just a decade, this is unbelievable.

15 Likes

Re: Naira Appreciates To ₦1,530/$ From ₦1,535 In Parallel Market by Kaybaba5(m): 10:05am On Jul 06
Good news
Clap for president Tinubu

5 Likes 1 Share

Re: Naira Appreciates To ₦1,530/$ From ₦1,535 In Parallel Market by Hienna1: 10:06am On Jul 06
grin
Wao!!
What a wonderful appreciation

5 Likes 1 Share

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