Glossary
Currency pair
Two currencies quoted against each other, like USD/NGN. The first one is what you are pricing. The second is what you are pricing it in. So USD/NGN at 1,500 means one dollar costs 1,500 naira, not the other way round.
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Dollars & FXUnderstanding the naira exchange rate
Why there's more than one dollar to naira rate, which one you actually get, and how to tell when you're being charged too much.
Lade Falobi9 min read