Dollar to Naira exchange rate today, September 18, 2026

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The Nigerian naira weakened against the United States dollar on Friday, September 18, 2026, across both the Nigerian Foreign Exchange Market (NFEM) and the parallel market.

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In the official market, the naira traded at about ₦1,331 per dollar, according to the latest data reported from the Central Bank of Nigeria (CBN).

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The rate represents a depreciation from ₦1,329.56 per dollar recorded on Wednesday, with the naira losing about ₦1.44 against the greenback.

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In the parallel market, the dollar rose to about ₦1,375 on Friday, up from ₦1,370 recorded on Wednesday.

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The latest movement widened the gap between the official and parallel-market rates to about ₦44 per dollar.

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The divergence reflects differences in pricing and supply conditions between the official foreign exchange market and the parallel market, where rates can vary depending on location, dealer and transaction size.

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Market participants continue to monitor dollar liquidity, foreign exchange demand and CBN interventions as factors influencing the naira’s performance.

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Reuters reported on Thursday that the naira was trading around ₦1,328 per dollar in the official market and ₦1,390 in street trading, while noting that the currency was expected to remain broadly stable amid central bank dollar sales and relatively subdued import demand.

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For Nigerians buying dollars through the parallel market, the latest rate means $100 would cost about ₦137,500, while $1,000 would require approximately ₦1.375 million at the reported rate.

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The official NFEM rate remains lower than the parallel-market quotation, underscoring the continuing spread between the two segments of Nigeria’s foreign exchange market.

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