Announced West African Unit of Account rate is ₦423.0879 against Naira by Central Bank of Nigeria (CBN) today, January 22, 2020. Initial WAUA rate was noted as ₦423.0188 at the beginning of this week on Monday, January 20, 2020. This corresponds to a %0.02 increase for West African Unit of Account in CBN this week.
To have a monthly quick review, we see that rate started January at ₦423.8374 on Thursday, January 02, 2020. With WAUA rate set at ₦423.0879 now, we see a %0.18 decrease for to Naira exchange rates in CBN for this January.
there had been no significant change in the rate of NGN to other country currency, instead, it increases everyday making import rates higher and causing life miserable to the consumers. All these are making life unbearable to the common man, there should be focus into this angle.