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Naira To Dollar Exchange Rate History (1972-2022) - Politics - Nairaland 154157
Naira To Dollar Exchange Rate History (1972-2022) (38047 Views)
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| Alphagan(m): 6:25pm On Jun 04, 2022 |
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Find Below Naira to Dollar Exchange Rate History 1972 $1 = N0.658 1973 $1 = N0.658 1974 $1 = N0.63 1975 $1 = N0.616 1976 $1 = N0.62 1977 $1 = N0.647 1978 $1 = N0.606 1979 $1 = N0.596 1980 $1 = N0.550 (0.900 Black Market Rate) 1981 $1 = N0.61 1982 $1 = N0.673 1983 $1 = N0.724 1984 $1 = N0.765 1985 $1 = N0.894 (N1.70 Black Market Rate) 1986 $1 = N2.02 (N3.90 Black Market Rate) 1987 $1 = N4.02 (N5.90 Black Market Rate) 1988 $1 = N4.54 (N6.70 Black Market Rate) 1989 $1 = N7.39 (N10.70 Black Market Rate) 1990 $1 = N7.39 (N10.70 Black Market Rate) 1991 $1 = N8.04 (N9.30 Black Market Rate) 1992 $1 = N9.91 1993 $1 = N17.30 (N21.90 Black Market Rate) 1994 $1 = N22.33 (N56.80 Black Market Rate) 1995 $1 = N21.89 (N71.70 Black Market Rate) 1996 $1 = N21.89 (N84.58 Black Market Rate) 1997 $1 = N21.89 (N84.58 Black Market Rate) 1998 $1 = N21.89 (N84.70 Black Market Rate) 1999 $1 = N21.89 (N88-N90 Black Market Rate) 2000 $1 = N85.98 (N105.00 Black Market Rate) 2001 $1 = N99-N106 (N104-N122 Black Market Rate) 2002 $1 = N109-N113 (N122-N140 Black Market Rate) 2003 $1 = N114-N127 (N135-N137 Black Market Rate) 2004 $1 = N127-N130 (N137-N144 Black Market Rate) 2005 $1 = N132-N136 2006 $1 = N128.50-N131.80 2007 $1 = N120-N125 2008 $1 = N115.50-N120 2009 $1 = N145-N171 2010 $1 = N148.21-N154.8 2011 $1 = N151.05-N165.1 2012 $1 = N155.09-N161.5 2013 $1 = N153.21-N162.9 2014 $1 = N170-N199 2015 $1 = N199-N300 2016 $1 = N300-N320 (N310-N370 Black Market Rate) 2017 $1 = N360 2022. Now. = Official = N419. Oops. Unofficial = N610 What happened between 1999 and 2000? There was no economic crisis to the best of my knowledge. SOURCE: FACEBOOK POST 8 Likes 4 Shares |
| Abujaexpress: 6:29pm On Jun 04, 2022 |
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Why can't they tame Naira depreciation?
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| Re: Naira To Dollar Exchange Rate History (1972-2022) by Nobody: 6:35pm On Jun 04, 2022 |
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i have up to 30btc but cant see it due to low rate of dolla (spammers in the house will understand)
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| oz4real83(m): 6:41pm On Jun 04, 2022 |
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That is why I keep saying that PDP has no justification to insult or criticise APC because both of them are the same killers of the economy. PDP met the currency at N90 in the black market in 1999 and left it at N300 in 2015 when they left power. APC met it at N300 in 2015 according to the post and has murdered the currency to over N612 in 2022 and they are still unrelenting and the murdering keeps growing  . The same group of people changing parties but with their evil personalities still remaining
3 Likes |
| BolaEmilia(f): 6:43pm On Jun 04, 2022 |
 Omo. Plotting this graphically would be more informative. Thanks for the data anyways. Imagine naira is officially 419 (SCAM). 2 Likes |
| Larrysung(m): 6:57pm On Jun 04, 2022 |
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1985-87, 2015-22... If you know, you know!
1 Like |
| Re: Naira To Dollar Exchange Rate History (1972-2022) by Nobody: 7:13pm On Jun 04, 2022 |
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Buhari met naira sleeping stylishly on dollar in 2015 and immediately gave it a flight ticket to oblivion,imagine Naira competing with Malawi Pasco and ugadan shillings for the most useless currency in the world,who would have thought that Buhari was capable of pulling such a miracle in less than 7 years
3 Likes |
| mightyhaze: 7:17pm On Jun 04, 2022 |
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199 to 612 That's more than a geometric progression.. |
| WATCHOVER(m): 7:56pm On Jun 04, 2022 |
oz4real83:civilian govt of the SECOND REPUBLIC and MILITARY should be in the best position to answer that question. Lastly the REBUILDING of FCT ABUJA was a total waste of fund that further led to the collapse of the naira |
| Lovelive: 9:57pm On Jun 04, 2022 |
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I am not PDP man but I strongly think they have justification ... Buhari had promised us many things included this very one issue. So stop defending the failure called Mo. Buhari oz4real83: |
| Chekitaut: 5:03pm On May 13, 2024 |
Alphagan:From 1999 immediately PRIVATISATION started with Obasanjo we lost it all... Politicians are the players in the private sectors. Introduction of higher domination currency allow corrupt to go higher day in day out. Only a communist economy theory will save Nigeria. |
| Iamanoited: 6:29pm On May 13, 2024 |
Alphagan: Orisa37 |
| kgr8mike(m): 6:41pm On Aug 18, 2024 |
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We need the different finance ministers of the different regims to give us some explanation
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| kk2027: 8:46pm On Aug 18, 2024 |
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'Lagos builder' has truly continued from where Buhari stopped  $1 now = 1600 GWO GWO GWO 3 Likes 2 Shares |
| Greenback: 8:31pm On Feb 09 |
kk2027:😁😁😁😁😁😁😁 |
| Ikemba007: 3:11pm On Apr 25 |
Abujaexpress: Currency is like every other commodity; the demand for it determines its value. Outside and inside Nigeria, most want to offload the naira. So, until naira becomes safe to keep. |
| DomPerignon: 3:49pm On Apr 25 |
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There was hardly any demand for imported consumable goods. We even had our own car manufacturing base that supplied all the cars on the roads. Even car tyres were produced locally 100%. The problem is globalization and demand for cheap imported crap. Until we begin to understand that an import based economy only serves to drain our resources leading to capital flight and lack of manufacturing jobs that leads to further unemployment, we will continue servicing other countries economies and their employment base through imports. 1 Like 1 Share |
| DomPerignon: 3:58pm On Apr 25 |
Chekitaut: Obasanjo's privatization was flawed in every way. Rather than unbundle the decaying government corporations back into the hands of Nigerian businesses, Obasanjo sold them to western companies that are only interested in serving their share holders. If the privatization under Obasanjo had limited the sales of government owned corporations or licensing of their services (Nitel, NEPA, etc) to local businesses we won't be in this mess. MTN which has replaced Nitel repatriates huge amount of wealth annually back to SA. To do this MTN will source for FX using the revenue in naira they generated. It's not hard to see that Obasanjo's privatization model , although saw to an uptick in FX inflows in the begining , set the one way wealth transfer out of the country. Whenever I hear any govt talking and boasting of FIDs I shake my head. We don't need any useless multinational corporation that owes fiduciary obligations to only. their foreign share holders. The Dangote refinery is another money drain as Dangote owes foreign investors and banks a lot of money for funding his $20bn refinery. That there is another bottomless capital flight sink that will take decades for Dangote to repay the loan and investors. 1 Like |
| DomPerignon: 4:30pm On Apr 25 |
Chekitaut: What nonsense is this? 1 Like |
| mrvitalis(m): 5:13pm On Apr 25 |
oz4real83: PDP met naira at ₦90 left it at ₦220 in 2015 oga that's 144% raise in 16 years.....16 years . But PDP also took our economy from 59 billion dollars to 575 billion dollars in 2014 APC met naira at ₦220 now it's 1650 that's 650% raise. In just 10 years .. APC met GDP at around 575 billion dollars... Now it's 188 billion dollars And you have the mind to say PDP is not better than APC? ... |
| mrvitalis(m): 5:16pm On Apr 25 |
Chekitaut:Our economy grow by over 400% under Obj Banking sector Insurance sector Radio Tv channels The Nigerian music industry today is his policy Telecom industries This are industries he creates or improved But you are thinking of communists policy that has never worked anywhere on earth |
| baralatie(m): 5:24pm On Apr 25 |
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So from 1985 It started spiralling Informative |
| baralatie(m): 5:25pm On Apr 25 |
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In a graph Please |
| akigbemaru: 4:12pm On May 27 |
oz4real83: |
| Arda1000(m): 5:32pm On May 27 |
mrvitalis:u are quoting an unrepentant APC urching |
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