Naira versus US Dollar exchange rate for June 18, 2026

The Nigerian naira held its ground against the US dollar on Thursday, June 18, 2026, at the Nigerian Foreign Exchange Market, as market participants kept a watchful eye on liquidity and demand.

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Data released by the Central Bank of Nigeria revealed that the official exchange rate was stable at around ₦1,360 per dollar in recent NFEM window trading sessions.

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This stability reflects the ongoing effects of foreign exchange reforms and increased market transparency, according to the Central Bank of Nigeria's data.

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On the parallel market, the US dollar was trading at approximately ₦1,400 per dollar, based on information from market trackers and bureau de change sources.

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Buy rates on the parallel market were recorded in the range of ₦1,392 to ₦1,395, while sell rates fell between ₦1,400 and ₦1,402.

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The difference between official and parallel market rates remained relatively small, indicating improved alignment between the two markets compared to previous periods of high volatility.

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Analysts believe that the current trend is driven by increased foreign exchange inflows, stricter market regulation, and sustained efforts by monetary authorities to enhance liquidity.

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As of Thursday, the official NFEM rate was still hovering around ₦1,360, while parallel market traders were quoting rates of approximately ₦1,400 per dollar.

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The exchange rate summary for June 18, 2026, shows the official NFEM rate at approximately ₦1,360 per US dollar, the parallel market buy rate at approximately ₦1,392–₦1,395 per US dollar, and the parallel market sell rate at approximately ₦1,400–₦1,402 per US dollar.

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It is worth noting that foreign exchange rates can fluctuate across different locations, dealers, and transaction volumes.