NewStats: 3,261,388 , 8,173,872 topics. Date: Thursday, 29 May 2025 at 06:24 AM 6p705w

US DOLLAR-NAIRA EXCHANGE RATE — LAST 5 CBN GOVERNORS

In 2004, one US dollar cost just ₦132.8 in Nigeria—a time when the naira held its ground. Fast forward to 2025, and that same dollar now demands a staggering ₦1599.5. What sparked this dramatic plunge? From oil booms to policy missteps, Let's unravel the dollar-naira saga through the tenures of five Central Bank of Nigeria governors, exposing the economic twists, political gambits, and global forces that reshaped a nation’s currency.

Soludo [29 May 2004—29 May 2009]
Start — ₦132.8
End — ₦134.5

Sanusi [3 Jun 2009—2 Jun 2014]
Start — ₦146.7
End — ₦155.7

Emefiele [3 Jun 2014 — 8 June 2023]
Start — ₦155.7
End — ₦462.4

Shonubi* [9 Jun 2023 — 22 Sept 2023]
Start — ₦462.5
End — ₦756.9
*served as the acting governor of CBN

Cardoso [23 Sept 2023 — till date]
Start — ₦756.9
Now — ₦1599.5

#StatiSense
(CBN Official rate)

Demand and supply forces are not the doings of CBN. Did Soludo or Sanusi bring dollars from anambra/kano to supply of dollar?
This is cheap politics.

DMerciful:
You're a shameless person

If as things stand today, Nigeria improves forex inflow by selling ten times more cocoa, coffee and cotton, that will bring in more forex and undoubtedly strengthen the Naira, will it be the doing of a CBN governor that farmers improved their output? I can see you after cheap political bashing and not rigorous mental exercise to unravel soluutions. Ride on and be typing derânged things up and down.

Emefiele 3x, while Cardoso 2x. Soludo and Sanusi the best.

You're a shameless person

CodeTemplarr:
Demand and supply forces are not the doings of CBN. Did Soludo or Sanusi bring dollars from anambra/kano to supply of dollar?
This is cheap politics.

I just weak for this nation I swear

The waste side always the odd side

franchasng:
The waste side always the odd side

Sadeast must always be sad

Come 2027, apc must be kicked out from the centre.

They have shown that they are more concerned in propaganda and optics than actual governance.

The failures and catastrophe plaguing this nation have taken their rightful place in the scheme of things.

They need to go back to Abdulkadir Ahmed.

franchasng:
The waste side always the odd side

Yet... your colonial masters. And you can not do zilch about it.

ivandragon:
Come 2027, apc must be kicked out from the centre.

They have shown that they are more concerned in propaganda and optics than actual governance.

it is on record APC government of Tinubu is repaying 69 different loans obtained by various PDP government from OBJ to GEJ
https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://punchng.com/fg-repaying-69-loans-obtained-by-ex-presidents-wbank-declares/&ved=2ahUKEwiOt_CI2qONAxU2S0EAHbg3GdMQFnoECBwQAQ&usg=AOvVaw0PwRxqHTDyb3pSgt7PPHeW

Tinubu came only to steal, kill, and destroy.

kunle4toyeyaho:
it is on record APC government of Tinubu is repaying 69 different loans obtained by various PDP government from OBJ to GEJ
https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://punchng.com/fg-repaying-69-loans-obtained-by-ex-presidents-wbank-declares/&ved=2ahUKEwiOt_CI2qONAxU2S0EAHbg3GdMQFnoECBwQAQ&usg=AOvVaw0PwRxqHTDyb3pSgt7PPHeW

🤣🤣🤣🤣🤣🤣

How old are you?

Please be sincere.

kunle4toyeyaho:
it is on record APC government of Tinubu is repaying 69 different loans obtained by various PDP government from OBJ to GEJ
https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://punchng.com/fg-repaying-69-loans-obtained-by-ex-presidents-wbank-declares/&ved=2ahUKEwiOt_CI2qONAxU2S0EAHbg3GdMQFnoECBwQAQ&usg=AOvVaw0PwRxqHTDyb3pSgt7PPHeW

And apc has taken more loans in less time than pdp did in its 16 years. Some other government would also repay those loans.

Meanwhile, apc at the centre remains the worst when it comes to improving the socio-economic conditions of the masses.

Wow look at how tinubu cursed APC cratered and totally destroyed Nigeria beyond redemption within a short time…may permanent curse be on top tinubu head and all failures that ed him

How about you let us know how much each CBN governor pays to subsidize dollars?

Tough one huh?

Zooposki:
Emefiele 3x, while Cardoso 2x. Soludo and Sanusi the best.

Don't get it twisted sir.
Emefiele 3x in 8 years
Cardoso 2x + in 1 1/2 years.

Amitex:

Don't get it twisted sir.
Emefiele 3x in 8 years
Cardoso 2x + in 1 1/2 years.

In other words, it could reach 5x in 8 years

[quote author=DrMB post=135366431][/quote]

Statidumb don open mouth again oh

Na statistics we go chop



Igbo people eeeeh

This information is irrelevant.

Dollar was pegged for all other CBN Governors except Cardoso.

You are comparing Apples to Oranges.

APC has nothing good to offer this country

Zooposki:
Emefiele 3x, while Cardoso 2x. Soludo and Sanusi the best.

MAGIC WAND!

LET OBI BECOME THE CBN GOVERNOR!

WITHIN TWO MONTHS 1 NAIRA = $1599!

DMerciful:
You're a shameless person

Anything to defend their 30k monthly allowance

Apc don drown Nigeria economy

APC IS EVIL