Naira ranks 11th worst-performing currency against US dollar In The World 2022

Written by on September 6, 2022

According to Hanke’s Currency Watchlist, Nigeria’s currency the Naira, has been ranked the  11th worst-performing currency against the US dollar,

The data shows that as of September 2, 2022, the Naira had lost 48.87% of its value against the US dollars compared to its value in January 2020.

The data also reveals that the Zimbabwean RTGS dollar, which has lost 99.33% of its value against the US dollars, is the second worst-performing currency in the world. The Venezuelan Bolivar was the worst-performing currency with a depreciation rate of 99.39%.

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