Naira Slips to Ninth Weakest Currency in Africa Amid Ongoing Economic Pressures
[NigerianEye - Nigeria] - 28/09/2025
The Nigerian Naira has been ranked as the ninth weakest currency on the African continent, according to the latest Forbes currency calculator report for September 2025, indicating persistent challenges in Africa's largest economy despite recent progress in curbing inflation. The Forbes tool, which pulls real-time data from the Open Exchange Rates API and updates every five minutes to capture live market fluctuations, places the Naira at approximately ₦1,490 per US dollar. This positions it behind currencies like the São Tomé & Príncipe Dobra (22,282 per $1), Sierra Leonean Leone (…)
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