TECHNOLOGY MALFUNCTION! GOOGLE REACTS TO INACCURATE NAIRA CONVERSION RATES
Google has come out to react to the inaccurate figures witnessed in the conversion rate of Nigeria’s Naira currency on the eve of the country’s presidential and parliamentary elections.
Search result on Google showed a dollar was equivalent to N184. During the same period, a dollar was traded officially for N306, information on Nigeria’s central bank website showed.
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While the drastic reduction in the conversion rates was noted on Google, other currency conversion mediums remained the same way they were.
On xe.com, for instance, N362.6 was exchanged for a $1 even on CBN’s official website, it still maintained over N300.
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The tech company, however, did not state the cause of the inaccuracies. Google said the search result will be diagnosed to identify the issue.
Google’s reaction thus,
“We’re aware of an issue causing inaccurate conversions for Nigerian Naira currency, so we will remove the conversion one box from appearing in search results until we are able to diagnose the issue,” Google said in a tweet late on Friday.
https://twitter.com/googleafrica/status/1099059939803348993
As Nigeria Presidential and Parliamentary election is currently going on after this glitch, driving speculations and jokes on social media on how the incumbent may want to turn the economy around overnight.
Whatever the case is, BlackBox Nigeria can say that the dollar is still trading at 358 to 360 at the foreign exchange market.