USD/NGN - US Dollar Nigerian Naira

Real-time Currencies
Currency in
NGN
1,557.000
+10.000(+0.65%)
Real-time Data

USD/NGN Discussions

Is this the best time to buy?
Thank china, look nigeria lending 54B to china each month almost, they will know and they will follow egypt and ethiopia, zambia in bankruptcy, dont blame the west cause nigeria refused to do something on burkinafaso, niger etc while refusing to blame russia for the war in ukraine, yea then you make yourself a international stooge
Nigeria Naira as I anticipated will continue to surge at an alarming rate against the Dollar if the CBN keep on foundering excuses on political government, past or present, rather implement policies which will have direct impact on the economy. The government should revert to external borrowings and loans as to have more stronger Naira, all income as accure to borrowings have some stringes attached to it. The Central government should focus more on Nigeria foreign reserve, as this will stabilize the currency internationally. Closing of the borders as we have seen in the past 9 to 10 years WILL NOT stabilize any currency,Naira as case study, allow legal goods and services to flow into the economy but regularize those items. Allowing the market to determine the value of our currency in the international market is wrong, talking Nigeria as example. Few individuals either known to the government or not are exploiting this policy. We Voted a government not Capitalist!!!
Please which broker can this pair be traded??
😂
If you can imagine a government 100x worse than what Communist Kamala wants to implement, just look at the collapse of the Nigerian currency which is on a race to the bottom with Turkish currency.
Waiting for usd to be higher again
keep on buying usd .....as now every week will show new high......
what will be the solution to naira devalue
if African countries can have a common currency
if African countries can have a common currency
Buy 🤭🤭
Bank of America says Naira is undervalued as the government float the exchange rate. Expect Naira to start appreciating.
NGN! A very useless currency.
I don't think you are forced to trade it.
Seem cbnl will increase USD to 500$
The market's USD?NGN is going bullish the market's watch Investing.com
100% Bullish
The dollar strictly dictates where USDNGN heads to. NGN is a useless currency.
I'm expecting a breakout at ₦415 by January.
how do you mean sir
I hear crickets here
FXTM offers this very unstable pair: USDNGNTrade at ur own risk
For me ill just buy and hold 😂🤣
I'm a (Tin-trader), we are facing serious challenges in our businesses because of devaluation of naira against dollar
what is the problem of dollar against naira?
Place where can I trade this pair?
What is making USD rising against NGN
Nigeria doesn't have Basic Amenities.
soon we would start trading naira here
need to provide the devalue
Nigeria will probably need to devalue its currency further because of the low oil prices. Oil accounts for nearly 50% of government revenue and 90% of exports. I expect the value of the naira to hover around 400 per dollar.The derivative and black markets suggest the naira is still under plenty of strain. The price of three-month non-deliverable forward contracts has surged to 421 naira per dollar, signaling traders see another 10% devaluation in that period. One-year NDFs rose above 500 for the first time on Monday. The black-market rate has weakened to 403 from 380 this week, according to abokifx.com, a Lagos-based website.A weaker naira will increase Nigeria's foreign debt in local currency terms.
which broker provide USDNGN pair
FXTM
pro badge
FG :)
wich broker provide USDNGN pair
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2025 - Fusion Media Limited. All Rights Reserved.