Nigerian Naira to Dollar exchange rate record over 51 years (1972-2023)- Have you any idea once ever, Nigerian Naira was higher compared to the American Dollar?

The economy of the giant of Africa, Nigeria has for a long time experienced good and bad, better or worse times in years and presently. In times past our Naira was respected, feared, and had value on the planet and international market to even the American dollar.

The name giant of Africa wasn’t just fond of Nigeria like this, several factors were taken into consideration before the name was given and the Nigerian economy and currency were one of them, it’ll blow the mind that over time past, and in the annals of Nigeria, Naira had more value than American dollar, to increased exposure of it; in 1983, one (1) dollar was 0.894 Naira ($1= N0.894) not up to and including Naira but 89Kobo.

Nigerian Naira to Dollar exchange rate record over 51 years (1972-2023)

Before we continue begin to see the table of the improvement and decline of the Nigerian Naira to the Dollar since after independence. Table of the exchange rate of dollar to Naira from 1972 till date

Year	Dollar ($)	Naira (N)
1972-1982	1	0.550-0.647
1983	1	0.724-0.894
1986	1	2.02
1987	1	4.02
1988	1	4.54
1989-1990	1	7.39
1991	1	8.04
1992	1	9.91
1993	1	17.30
1994	1	22.33
1995-1999	1	21.89
2000	1	85.98
2001	1	99-106
2002	1	109-113
2003	1	114-127
2004	1	127-130
2005	1	132-136
2006	1	128.50-131.80
2007	1	120-125
2008	1	115-120
2009	1	145-171
2010	1	148-154
2011	1	151-165
2012	1	155-161
2013	1	153-162
2014	1	170-199
2015	1	199-300
2016	1	300-320
2017 2018	1 1	400-363 365-360
2019-2022	1	365-600