NigerianEye
The Nigerian Naira (NGN) and the South African Rand (ZAR) are two of Africa’s most traded currencies. However, the Naira has exhibited significantly higher volatility than the Rand over the years. This article explores the reasons behind this volatility, with a case study analysis of key economic events affecting both currencies. …
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Why the Naira is More Volatile Than the Rand: A Case Study
The Nigerian Naira (NGN) and the South African Rand (ZAR) are two of Africa’s most traded currencies. However, the Naira has exhibited significantly higher volatility than the Rand over the years. This article explores the reasons behind this volatility, with a case study analysis of key economic events affecting both currencies. …