Tag: Dollars Pounds Euro

2024 FX Recap Nigeria’s foreign exchange market in 2024 faced notable challenges, with the Naira experiencing 40.9% depreciation against the US dollars in the official market and a 26.8% depreciation in the parallel market. The official exchange rate saw considerable volatility, starting the year at approximately N1,386.5/USD, while reaching an all-time high of N1660/USD  in…