todays exchange rate

The Naira appreciated for the second consecutive day, strengthening to N1,596.70 per dollar on Wednesday amid signs of improved forex liquidity and confidence in CBN policy moves. The Naira gained N3.33, a 0.21% appreciation from Tuesday’s close of N1,600.03 per dollar. Analysts credit the...

The naira appreciated to ₦1,600.44/$ at the official FX market on May 13, gaining ₦5.71 from last Friday’s rate. It’s the currency’s strongest official performance in nearly two weeks, though black market rates remain flat. The official exchange rate rose from ₦1,606.15 to ₦1,600.44, marking a...

The naira has fallen to its lowest point this year — ₦1,625 on the unofficial market — with forecasts suggesting things might get worse. Naira traded at ₦1,625/$ on parallel market; ₦1,608/$ officially CBN reforms haven’t stopped consistent depreciation over 4 days Demand for dollars is surging...

The naira continues its downward slide, closing at ₦1608.60 to the dollar as high demand meets low forex supply. Naira weakened by over ₦3 since Friday, now at ₦1608.60/$ Intraday peak reached ₦1615 before a slight recovery Parallel market also hit ₦1610, up from ₦1605 Analysts blame rising...

Nigeria’s naira appreciated to ₦1,600 per dollar in the parallel market, offering a modest respite amid ongoing currency volatility. Naira strengthened from ₦1,610 to ₦1,600 per dollar in the parallel market. Official rate saw a slight improvement to ₦1,605 per dollar, up from ₦1,606. The gap...

The black market exchange rate for the Dollar to Naira has surged to ₦1610 today, with traders in Lagos buying dollars for ₦1602. This marks a continued struggle for the Naira as the Central Bank of Nigeria (CBN) maintains its disconnection from parallel market rates. Dollar to Naira Rate...

The naira has dropped to ₦1,615/$ in the parallel market, reigniting concerns about Nigeria’s forex stability and rising cost of living. The naira depreciated from ₦1,525 to ₦1,615 per dollar in one day. Supply shortfalls and speculative buying are fuelling the decline. The official market...

The naira has weakened again at the official market, closing at ₦1,596.1/$ on Friday. With growing pressure on the currency, many fear tougher days ahead. Naira fell from ₦1,509.67/$ to ₦1,596.1/$ in one day. Dollar demand surged at the Nigerian Autonomous Foreign Exchange Market (NAFEM)...

As of April 24, 2025, the Nigerian black market exchange rate for the US dollar has surged to ₦1,615, with buying rates at ₦1,605. In contrast, the Central Bank of Nigeria (CBN) maintains an official rate of ₦1,602.63, highlighting a persistent gap between official and parallel market rates...

The Nigerian naira has depreciated to ₦1,606 per US dollar at the official foreign exchange market as of April 22, 2025, reflecting a 0.34% decline from the previous rate of ₦1,600.50/$1 recorded on April 17. This downturn follows the Easter holiday break and underscores ongoing pressures in the...