Naira To Dollar Exchange Rate From 1970s to 2017.

Naira To Dollar Exchange Rate From 1970s to 2017.


From lowest denomination to highest denomination Exchange Rate to dallar
Devaluation of the Nigeria currency from 1970s to 2017 is degenerating, 
Below are the recap history of Naira to Dollar Exchange Rate from 1970s-June, 2017.

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)

Highest denomination to dollar (Was released in October 2005.)

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)
June, 2017 $1 = N314.75 (N362 -N368 Black Market Rate)

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