US Dollar to Naira exchange rate is ₦385.6552 in Nigeria foreign exchange markets (FX markets) today, July 14, 2020. Initial USD rate was noted as ₦385.6552 at the beginning of this week on Monday, July 13, 2020. This makes no movement for US Dollar rate against Naira in FX market this week.
To have a monthly quick review, we see that US Dollar to Naira exchange rate was ₦386.1433 on Wednesday, July 01, 2020 at the beginning of July. As of today with Dollar being traded at ₦385.6552, we see a %0.13 fall for USD to Naira exchange rates in FX markets for this July.
Dollar is still falling, what is the reason?