The naira continued its fall against the American dollar for the seventh consecutive day on Friday, in both the official and parallel windows.
The domestic currency traded at N1,399.23/$1 and N1,430/$1 respectively.
This is according to data sourced from the Nigerian Autonomous Foreign Exchange Market (NAFEM) window.
![](https://thenewsmatrics.com/wp-content/uploads/2024/03/Screenshot_20240315_155421_Office.png)
At the end of trading on Friday, the Naira lost N89.35 against the dollar when compared to the previous exchange rate of N1,309.88/$1 on Thursday, April 26, 2024.
The intra-day high and low recorded during the day were N1,410/$1 and N1,05/$1 respectively, representing a wide spread of N359/$1.
Similarly, the Naira slumped against the dollar at the parallel section of the market for the seventh consecutive day to trade at N1,430/$1 representing a loss of N10 when compared to the N1,420/$1 it traded the previous day.
However, the Naira gained against the pound. The domestic currency appreciated by N50 against the British Pound to trade at N1,650/£1 as against the previous trading price of N1,700/£1 representing a gain of N50 for the local currency,
The Canadian dollar however closed flat against the Naira to trade at N1,000/CA$1 same as the previous trading day rate.
The Euro also slumped against the Naira to trade at N1,450/€1 as against the rate of N1,500/€1 the previous trading rate indicating a gain of N50 for the Nigerian currency.