As the festive period is coming soon, the Nigerian Naira is falling against the United dollar in the world exchange rates. The naira has never found its way back to how is it before the 2015/2016 recession that hits country, 1 United dollar is exchanged at around 200 Nigerian then but today the story has been twisted.
In the world market, one united states dollar remains 381.50 Nigerian Naira according to google.com while the exchange rates have risen in the black market in the country according to NgnRates.com.
The dollar to Nigerian Naira starts at 1$/470 on Monday, while it currently at one dollar to 478 Nigerian Naira, in the today market, Dollar has risen against the with 8 Nigerian with the hope it will continue to increase until the year run out.
The value of the Nigerian Naira in the world market, this week has been alarming and maybe worsened if care is not taken before the year-end. What did you think can be done for the Nigerian naira to have value back.
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