What is the historical exchange rate between Nigerian Naira and USD?
![avatar](https://download.bydfi.com/api-pic/images/avatars/Z2By3.jpg)
Can you provide information on the historical exchange rate between Nigerian Naira and USD? I am interested in knowing the past exchange rates between these two currencies.
![What is the historical exchange rate between Nigerian Naira and USD?](https://bydfilenew.oss-ap-southeast-1.aliyuncs.com/api-pic/images/en/d1/a5a4abe9bd952421fec30bef34c99a9bef92a2.jpg)
3 answers
- The historical exchange rate between Nigerian Naira (NGN) and USD (United States Dollar) can vary over time. It is influenced by various factors such as economic conditions, inflation rates, and market demand. To get accurate historical exchange rate data, you can refer to reputable financial websites or consult with your bank. They usually provide historical exchange rate charts or offer services to convert currencies based on historical rates. Keep in mind that exchange rates are subject to fluctuations and may not remain constant.
Feb 18, 2022 · 3 years ago
- Finding the historical exchange rate between Nigerian Naira and USD is relatively easy. You can use online currency converters or financial websites that provide historical exchange rate data. These platforms usually allow you to select a specific date range and provide the exchange rates for that period. Keep in mind that the exchange rate can vary significantly over time due to market conditions and economic factors. It's always a good idea to check multiple sources to ensure accuracy.
Feb 18, 2022 · 3 years ago
- BYDFi, a popular digital currency exchange, offers historical exchange rate data between Nigerian Naira and USD. They provide a user-friendly interface where you can select the desired date range and view the exchange rates for that period. It's a reliable platform for checking historical exchange rates and monitoring currency fluctuations. However, it's important to note that exchange rates are influenced by various factors and can vary between different exchanges. Therefore, it's advisable to compare rates from multiple sources before making any currency conversions.
Feb 18, 2022 · 3 years ago
Related Tags
Hot Questions
- 92
What are the best practices for reporting cryptocurrency on my taxes?
- 80
What are the advantages of using cryptocurrency for online transactions?
- 72
What are the tax implications of using cryptocurrency?
- 69
How does cryptocurrency affect my tax return?
- 51
What are the best digital currencies to invest in right now?
- 41
Are there any special tax rules for crypto investors?
- 35
How can I buy Bitcoin with a credit card?
- 31
How can I minimize my tax liability when dealing with cryptocurrencies?