Comment on
1995-02 |
On 14 January 1995, the introduction of a legal free foreign exchange market was announced; however, the central bank only began to report exchange rates (buying/selling) on 23 February 1995: official exchange rate: DEM 1 = NGN 14.7643 / 14.9125, free market rate: DEM 1 = NGN 55.04 / 55.59. |