Dollar to Naira exchange rate today, September 21, 2026

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The Nigerian naira opened the new week at different rates against the United States dollar across the official foreign exchange market and the parallel market.

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The latest available data from the Nigerian Foreign Exchange Market (NFEM) put the naira at about ₦1,331.20 per dollar, based on the most recent confirmed official-market rate from Friday, September 18. The figure was marginally stronger than the previous rate of ₦1,331.28 per dollar.

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As of Monday morning, a live USD/NGN benchmark was around ₦1,330.65 to the dollar, indicating that the naira remained close to the ₦1,330 level in early trading.

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In the parallel market, the dollar was quoted at about ₦1,395 on Monday, according to market reports. This puts the gap between the latest NFEM rate of ₦1,331.20 and the parallel-market rate at roughly ₦63.80 per dollar.

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The parallel-market rate has remained above the official rate in recent sessions, although the size of the premium has fluctuated as dollar supply and demand conditions change.

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Recent data also show that the naira has traded within a relatively narrow range in the official market.

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Meanwhile, Nigeria’s external reserves stood at $54.61 billion as of September 14, according to CBN data cited by BusinessDay, representing an 18-year high and a 30.52 percent increase from the corresponding period of 2025.

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For Nigerians buying or selling dollars, actual rates may differ depending on the bank, Bureau de Change operator, transaction size and location. Parallel-market quotations are also indicative and can change throughout the day.

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As of September 21, 2026, the latest available rates are therefore around ₦1,331.20/$ in the NFEM and ₦1,395/$ in the parallel market, while the live USD/NGN benchmark is around ₦1,330.65/$.

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