On Monday, the Naira appreciated in the official market, trading at N1,607.15 per dollar.
According to data from the official trading portal of the FMDQ Exchange, which administers the Nigerian Autonomous Foreign Exchange Market, the Naira increased by N9.93.
This marks a 0.61 percent increase over the previous trading date of August 2, when it exchanged at N1,617.08 to the dollar.
However, total daily turnover decreased to 77.09 million dollars on Monday, down from 131.55 million dollars on August 2.
Meanwhile, at the Investors and Exporters window, the Naira traded between N1,620.50 and N1,570.00 per dollar.