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Naira starts 2021 as one of Africa's worst currencies


Nigeria’s Naira is one of Africa’s low-performing currencies so far in 2021 after dropping 2.85 percent of its value against the United States dollar in the forex market.
The Naira closed at 393.4 to a dollar on Friday compared to 382 to a dollar recorded on January 1, according to data compiled by www.exchange-rates.org, a currency tracking website and analysed by Ripples Nigeria.
Among the 28 countries surveyed, Nigeria is only behind Libyan Dinars, which came first among the worst performing African currencies since the beginning of the year.
It shed 228.8 percent in value against the dollar from 1.35335 a dollar on January 1 to 4.44985 as at January 5. ....

Nigeria General , United States , Cape Verde , Central Bank , Libyan Dinars , Cape Verde Escudos , African Rand , Egyptian Pound , Kenyan Shillings , Rwanda Francs , நைஜீரியா ஜநரல் , ஒன்றுபட்டது மாநிலங்களில் , கேப் வர்டீ , மைய வங்கி , எகிப்தியன் பௌஂட் , கெந்யந் ஷில்லிங்ஸ் , ருவாண்டா பிராங்குகள் ,