See Exchange Rate Tonight As Naira Gains At Official Market

Naira gained marginally against the dollar on Wednesday, 10th January 2024 at the official market to remain above the N1,000/$ threshold.

The domestic currency appreciated by 0.66% to close at N1082.32 to a dollar at the close of business, data from the NAFEM where forex is officially traded, showed.

See Exchange Rate Tonight As Naira Gains At Official Market

This represents an N7.19 gain or a 0.66% increase in the local currency compared to the N1089.51 close the previous day.

The intraday high recorded was N1270.65/$1, while the intraday low was N700/$1, representing a wide spread of N570/$1.

According to data obtained from the official NAFEM window, forex turnover at the close of the trading was $242.60 million, representing a 148.95% increase compared to the previous day.

Similarly, the naira gained marginally at the parallel forex market where forex is sold unofficially, the exchange rate quoted at N1240/$1, representing a 0.40% increase over what it closed the previous day, while peer-to-peer traders quoted around N1252.60/$1.