4/10/2023 0 Comments Dollar exchange rate all countries![]() ![]() The official rate NGN= of 306.90 is supported by the central bank but the NAFEX rate (Nigerian Autonomous Foreign Exchange Rate Fixing) of 362 is widely quoted by foreign investors and exporters.ĬFA FRANC REGION: Countries in the eight-nation West African CFA franc zone (Benin, Burkina Faso, Guinea-Bissau, Ivory Coast, Mali, Niger, Senegal and Togo) and the six-nation Central African CFA franc zone (Cameroon, Central African Republic, Chad, Republic of the Congo, Equatorial Guinea and Gabon) have their respective currencies pegged to the euro XOF=. NIGERIA: Africa's biggest oil exporter operates a multiple exchange rate regime, which it has used to manage pressure on the currency. ALGERIA: The country's dinar DZD= is managed against an undisclosed basket of major currencies.
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