Exchange Rate Refers to the exchange of one currency to another at the prevailing market rate.
Features
- Exchange rate and value are determined on transaction day.
- Values are exchanged two working days from the date of dealing.
Benefits
- Helps in determining the immediate actual cost of transaction.
- It aids in planning cash flow.
Wema Bank Exchange Rate Today – Dollar to Naira – N367 to $1 dollar (Updated April 2018)
Wema Bank Exchange Rate Today – EURO to Naira – N407