Boss, I don gather some tori based on our discussion. The choice between the parallel market rate and the I&E window rate depend on wetin we dey look for, who we dey talk to, and why we dey analyze am. Sometimes, e fit make sense to consider both rates and show how dem affect different parts of the discussion. Even our own experience fit come into play.

The parallel market rate dey often easy to find and plenty people dey follow am, especially those wey dey do buying and selling for street and informal markets. Prices for parallel market fit jump up and down pass the official rates because na reflection of how demand and supply dey work for the unofficial economy. Using this rate fit give us better understanding of how things dey move for the street and black market, and this fit matter for some analyses.

The I&E window rate na the official exchange rate wey Central Bank of Nigeria don set. Using this rate means say we dey follow government rules and e fit dey better for official or big man palava. The rates for I&E window dey more steady compared to parallel market because na through official channels and regulated people dem dey do transactions. Data from here dey usually more believable and transparent.

If we dey do analysis for official purposes like financial reporting, government compliance, or policy recommendations, e better make we use the I&E window rate because e dey follow government rules and e dey credible.