The exchange rate between the naira and the US dollar closed at N417.3/$1 at the Investors and Exporters (I&E) window.
Naira started the week with a 0.25% appreciation to close at N417.3/$1 compared to N418.33/$1 recorded in the previous day.
Forex turnover surged by 72.18% on Monday to $291.1 million compared to $169.1 million recorded on Friday last week.