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What is the historical exchange rate between Nigerian Naira and USD?

avatarBraswell ElmoreDec 25, 2021 · 3 years ago3 answers

Can you provide information on the historical exchange rate between Nigerian Naira and USD? I am interested in knowing the past exchange rates between these two currencies.

What is the historical exchange rate between Nigerian Naira and USD?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    The historical exchange rate between Nigerian Naira (NGN) and USD (United States Dollar) can vary over time. It is influenced by various factors such as economic conditions, inflation rates, and market demand. To get accurate historical exchange rate data, you can refer to reputable financial websites or consult with your bank. They usually provide historical exchange rate charts or offer services to convert currencies based on historical rates. Keep in mind that exchange rates are subject to fluctuations and may not remain constant.
  • avatarDec 25, 2021 · 3 years ago
    Finding the historical exchange rate between Nigerian Naira and USD is relatively easy. You can use online currency converters or financial websites that provide historical exchange rate data. These platforms usually allow you to select a specific date range and provide the exchange rates for that period. Keep in mind that the exchange rate can vary significantly over time due to market conditions and economic factors. It's always a good idea to check multiple sources to ensure accuracy.
  • avatarDec 25, 2021 · 3 years ago
    BYDFi, a popular digital currency exchange, offers historical exchange rate data between Nigerian Naira and USD. They provide a user-friendly interface where you can select the desired date range and view the exchange rates for that period. It's a reliable platform for checking historical exchange rates and monitoring currency fluctuations. However, it's important to note that exchange rates are influenced by various factors and can vary between different exchanges. Therefore, it's advisable to compare rates from multiple sources before making any currency conversions.