Exchange Rate: €500 now N500,000
The current exchange rate of the British pounds and the US dollar to Nigeria's naira is gaining more weight as €500 equivalent to N500,000.
It means €1,000 is equivalent to one million naira and the US dollar is having close range with the pounds putting the country's economy in a volatile state.
The current exchange rate is having negative impact on the Nigerian economy as seen in the high price of goods and services in the country.
Exchange Rates:
1. €500 now N500,000
2. $500 = N400,000
Exchange Rates
€1,000 = N1,000,000
$1,000 = N800,000
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