According to various online sources, as at the 26th of October 2022, $1 (One Dollar) equals N760 (Seven Hundred and Sixty Naira). However, the official CBN rate stands at $1 (One Dollar) equates to N435 (Four Hundred and Thirty Five Naira). In February of this year, the apex bank of the country declared a discontinuance… Read More CBN Stop Sale of Forex | Processing Ends 15th December 2022
Central Banks control official reporting of exchange rates. There are policies which enable citizens benefit from the best rates possible compared to other sources of forex. People need a working understanding of the dynamic applications of forex. There is a story of retirees from Poland who were paying their mortgage in foreign currency and the… Read More Foreign Exchange Rates by Country Central Banks – 22:00 GMT 9th September 2022
Central Banks control official reporting of exchange rates. There are policies which enable citizens benefit from the best rates possible compared to other sources of forex. People need a working understanding of the dynamic applications of forex. There is a story of retirees from Poland who were paying their mortgage in foreign currency and the… Read More Foreign Exchange Rates by Country Central Banks – 19:05 GMT 7th August 2022
Central Banks control official reporting of exchange rates. There are policies which enable citizens benefit from the best rates possible compared to other sources of forex. People need a working understanding of the dynamic applications of forex. There is a story of retirees from Poland who were paying their mortgage in foreign currency and the… Read More Foreign Exchange Rates by Country Central Banks – 17:05 GMT 2nd July 2022
Since January 2022 till June 2022, the US Dollar has risen from €1 EUR = $1.1374 to €1 EUR = $1.0518. Considering that this is due to either a rise of the dollar or the drop in value of the Euro or both phenomenon, there may also be policies from the CBN which may have… Read More Buying Forex (Dollar, Euro, Pounds) from Central Bank of Nigeria (CBN)
Central Banks control official reporting of exchange rates. There are policies which enable citizens benefit from the best rates possible compared to other sources of forex. People need a working understanding of the dynamic applications of forex. There is a story of retirees from Poland who were paying their mortgage in foreign currency and the… Read More Foreign Exchange Rates by Country Central Banks – 17:05 GMT 11th June 2022
Central Banks control official reporting of exchange rates. There are policies which enable citizens benefit from the best rates possible compared to other sources of forex. People need a working understanding of the dynamic applications of forex. There is a story of retirees from Poland who were paying their mortgage in foreign currency and the… Read More Foreign Exchange Rates by Country Central Banks – 16:05 GMT 1st June 2022
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