Dollar to Naira exchange rate today, August 10, 2026: Nigerian naira records significant appreciation
The naira recorded significant appreciation against the dollar at the official foreign exchange market, beginning the week on a positive note. Central Bank of Nigeria data showed that the naira strengthened to N1,360.14 per dollar on Monday, up from N1,365.69 traded on Friday last week. This means that at the official market, the naira firmed […] Dollar to Naira exchange rate today, August 10,…
The Nigerian naira has shown significant appreciation against the dollar, according to data released by the Central Bank of Nigeria. On Monday, August 10, 2026, the naira strengthened to N1,360.14 per dollar, a rise from N1,365.69 the previous Friday. This marks a strengthening of N5.55 against the dollar at the official market.
In contrast, the black market exchange rate remained unchanged at N1,430 per dollar. As of August 7, 2026, the country's foreign reserves stood at $52.06 billion. The naira had previously dropped against the dollar at the end of last week, but the trend reversed by Monday, signalling a positive shift in the exchange rate dynamics.
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