For a while now, the naira has been driven along a wildly undulating course. It’s rather tumultuous performance on the foreign exchange markets has been cited by the experts as evidence that Nigeria’s economy is travelling upon uncertain waters. Policymakers battle to get it back on stable track, even as the public looks on, amazed, yet deeply concerned, at the swerving and plunging of the local currency against its foreign counterparts.
Aboki FX makes this watching easier. But it does more than just give exchange rate updates. It provides such information with a frequency that makes it useful.
AbokiFX.com covers the turf as far as FOREX and the naira go- daily rate updates, FOREX news, and chronological data. Whether you want to find out what the markets are doing at the moment or take a look at movements over time, you can get the information you need from it.
An important feature on the AbokiFX website is the currency conversion calculator, which lets you know how much of a particular major currency (say, the British pound or the US dollar) you would get in exchange for an amount of the naira you specify. You can also catch up with the action on the FOREX market through the day, as well as go through a record of exchange rates spanning months. There’s current and historical information on rates from the Bureau de Change, ATMs, and official bank rates too.
AbokiFX carries news updates on currencies from local and global news agencies. Charts mapping trends in the foreign exchange market over long time periods are available on the site; you could find them useful if you are looking for insightful summaries of the course the FOREX market has been taking.
In the end, whether you are the man on the street who wants to get the latest figures or the FOREX junkie who minds the markets regularly, AbokiFX places it at your fingertips.
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