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US Dollar-Naira Exchange Rate — The Last 5 CBN Governors By StatiSense - Politics - Nairaland v395d

US Dollar-Naira Exchange Rate — The Last 5 CBN Governors By StatiSense (20644 Views)

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DrMB: 4:24pm On May 14
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)

12 Likes 3 Shares

CodeTemplarr: 4:34pm On May 14
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.

30 Likes 8 Shares

Zooposki(f): 4:41pm On May 14
Emefiele 3x, while Cardoso 2x. Soludo and Sanusi the best.

35 Likes

DMerciful(m): 4:56pm On May 14
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.

150 Likes 10 Shares

Nealson(m): 5:01pm On May 14
I just weak for this nation I swear

6 Likes

LordIsaac(m): 5:11pm On May 14
grin
franchasng: 5:48pm On May 14
The waste side always the odd side shocked shocked cheesy

93 Likes 7 Shares

KillVDMnow: 6:14pm On May 14
franchasng:
The waste side always the odd side shocked shocked cheesy

Sadeast must always be sadgrin

12 Likes 1 Share

ivandragon: 6:22pm On May 14
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.

78 Likes 8 Shares

Racoon(m): 6:41pm On May 14
The failures and catastrophe plaguing this nation have taken their rightful place in the scheme of things.

24 Likes 1 Share

naptu2: 7:27pm On May 14
They need to go back to Abdulkadir Ahmed.
TheChameleon: 8:28pm On May 14
franchasng:
The waste side always the odd side shocked shocked cheesy

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

150 Likes 1 Share

kunle4toyeyaho: 8:33pm On May 14
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

7 Likes 2 Shares

Bobloco: 8:45pm On May 14
Tinubu came only to steal, kill, and destroy.

42 Likes 1 Share

Smartcitizen: 2:39am On May 15
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.

23 Likes 1 Share

ivandragon: 4:48am On May 15
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.

19 Likes 1 Share

rinzaugustine: 5:14am On May 15
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

10 Likes

alanto: 5:53am On May 15
How about you let us know how much each CBN governor pays to subsidize dollars?

Tough one huh?

130 Likes 3 Shares

Amitex(m): 6:19am On May 15
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.

12 Likes

Noblechykk(m): 6:23am On May 15
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

8 Likes

loffyloffy: 7:27am On May 15
[quote author=DrMB post=135366431][/quote]

Statidumb don open mouth again oh
BlackfireX: 9:47am On May 15
Na statistics we go chop



Igbo people eeeeh



grin

2 Likes

malali: 10:18am On May 15
This information is irrelevant.

Dollar was pegged for all other CBN Governors except Cardoso.

You are comparing Apples to Oranges.

6 Likes 2 Shares

Gbadugbakun(m): 10:18am On May 15
APC has nothing good to offer this country

6 Likes

emmabest2000(m): 10:18am On May 15
Zooposki:
Emefiele 3x, while Cardoso 2x. Soludo and Sanusi the best.

2 Likes 1 Share

AntiChristian: 10:20am On May 15
MAGIC WAND!

LET OBI BECOME THE CBN GOVERNOR!

WITHIN TWO MONTHS 1 NAIRA = $1599!
Bolu004(m): 10:20am On May 15
DMerciful:
You're a shameless person

Anything to defend their 30k monthly allowance

13 Likes 3 Shares

TheStranger: 10:20am On May 15
Apc don drown Nigeria economy

5 Likes

osuofia2(m): 10:21am On May 15
APC IS EVIL

6 Likes

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