Dollar to Naira Exchange Rate Today, February 17, 2026: Naira Holds Steady in Official Window
The Nigerian Naira remained relatively stable against the US Dollar in the official foreign exchange market on Tuesday, February 17, 2026, as the Central Bank of Nigeria (CBN) continued to maintain tight liquidity management and interventions in the foreign exchange space. According to data from the Nigerian Foreign Exchange Market (NFEM), the Naira opened the trading session at approximately ₦1,351.18 per US Dollar. By mid-morning, the rate had seen a slight adjustment, trading at an average of ₦1,354.86 per Dollar. This represents a marginal depreciation in the official window but keeps the rate firmly within the recent consolidation range around the ₦1,350–₦1,355 level. Official Market (NFEM) Rates – February 17, 2026 Opening rate: ₦1,351.18 / $1 Current / mid-morning rate: ₦1,354.86 / $1 Previous day (February 16) closing reference: Around ₦1,348–₦1,354 The stability in the official market reflects ongoing CBN efforts to manage forex supply, including recent sales of dollars t...