We collated data for years before we started publishing, as we realised the demand increased for our historical data. We are the only entity in Nigeria that has a full set of parallel rates, right from our inception in 2014 when the exchange rate was trading at N166 to Sl. We do not Trade FX neither do we have the power to manipulate the rates as we DO NOT CREATE the rates. We also wanted to provide some transparency around the parallel market with the availability of information technology.ĪbokiFX purely provides benchmark parallel rate information which helps guide our users in almost 200 countries across the world.ĪbokiFX does NOT TRADE FX, which we have always maintained in our emails and social media platforms. AbokiFX has taken the decision today, the 17th of September 2021, to temporarily suspend rate updates on all our platforms, until we get better clarity of the situation.įinal rates have been posted this evening but the abokiFX news section and the Crypt° rates section will still be active.ĪbokiFX was established in 2014 as a research and information service company, to conduct market research and gather data on the parallel market rates.
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