Dollar to Naira exchange rate today, August 27, 2026: Naira extends appreciation against US currency
The naira continued its appreciation against the dollar at the official foreign exchange market on Thursday. Data from the Central Bank of Nigeria showed that the naira strengthened further to N1,338.59 per dollar on Thursday, up from N1,343.59 per dollar recorded on Wednesday. This means that on a day-to-day basis, the naira gained N5 against the dollar. Meanwhile, […] Dollar to Naira exchange…
The Nigerian naira continued its upward trend against the US dollar on Thursday, August 27, 2026, according to data from the Central Bank of Nigeria. The naira strengthened further to N1,338.59 per dollar, marking a gain of N5 against the dollar from the previous day's rate of N1,343.59. At the black market, the naira remained unchanged at N1,407 per dollar, mirroring the rate from the previous day.
This development coincides with an increase in foreign exchange reserves to $53.29 billion, attributed to the naira's appreciation across various foreign exchange markets on Wednesday.
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