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N500/$1: Naira Crashes to Record Low Against Dollar...See Latest Exchange Rate

Posted by Thandiubani on Mon 30th Nov, 2020 -

Nigerian naira suffered a shocking loss against the dollar witnessing a record low against the dollar.

Naira and dollar
Naira and dollar
The Naira exchanged N500/$1 at the parallel market on Friday, November 27, 2020, to see it crash to an all time low, according to Nairametrics.
This comes as Forex turnover dropped by 52.2%.
However, the Naira’s exchange rate at the NAFEX window appreciated against the dollar to close at N390.25/$1 during intra-day trading on Friday, November 27.

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