Dollar to Naira exchange rate today, August 13, 2026: Nigerian naira continues appreciation against US currency
The naira extended its appreciation against the dollar at the official foreign exchange market on Thursday. Central Bank of Nigeria data showed that the naira firmed further to N1,357.65 against the dollar on Thursday, from N1,360.58 recorded on Wednesday. This means that, on a day-to-day basis, the Nigerian currency gained N2.93 against the United States […] Dollar to Naira exchange rate today,…
On Thursday, the Nigerian naira continued its upward trend against the US dollar at the official foreign exchange market. According to Central Bank of Nigeria data, the naira strengthened to N1,357.65 per dollar, down from N1,360.58 recorded on Wednesday. This equates to the Nigerian currency gaining N2.93 against the US currency in a single day.
The black market also saw the naira appreciate by N5, reaching N1,425 per dollar on Thursday, up from N1,430 the previous day. Such developments come amidst a surge in the country's foreign reserves, which increased to $52.19 billion on Wednesday, as per the apex bank's data. On Wednesday, the naira ended the trading session with a N4.31 gain against the dollar at the official foreign exchange market.
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