Dollar to Naira exchange rate today, April 24, 2026

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 The Nigerian naira continues to trade within a relatively narrow band against the United States dollar across both the official and parallel foreign exchange markets, reflecting sustained demand pressures and cautious market sentiment.


At the Nigerian Foreign Exchange Market (NFEM), which serves as the official window, the naira is trading around ₦1,350 to ₦1,355 per dollar based on the most recent trading data and trends observed in the week. This aligns with recent figures showing the currency hovering near ₦1,351.59/$ and about ₦1,350.74/$ in preceding sessions.

The official rate continues to be influenced by the Central Bank of Nigeria’s managed float system, with modest fluctuations driven by liquidity conditions and ongoing FX interventions.

In the parallel market, also known as the black market, the naira trades at a significantly weaker level due to higher demand for dollars outside official channels. Latest data from Bureau De Change operators indicates the dollar is being bought at about ₦1,395 and sold between ₦1,405 and ₦1,420. 

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