Dollar-to-naira exchange rate today, September 29, 2026: Naira appreciates against USD
The naira recorded an appreciation against the dollar at the official foreign exchange market on Tuesday after beginning the week on a negative note. Central Bank of Nigeria data showed that the naira strengthened to N1,330.47 per dollar on Tuesday, up from N1,331.33 exchanged on Monday. This means that the Nigerian currency firmed up at […] Dollar-to-naira exchange rate today, September 29,…
The naira experienced an appreciation against the US dollar on Tuesday, September 29, 2026, according to data from the Central Bank of Nigeria. The official exchange rate saw the Nigerian currency strengthen to N1,330.47 per dollar, up from N1,331.33 on Monday. This improvement amounts to a N0.86 increase in value from one day to the next.
Meanwhile, the black market exchange rate remained unchanged at N1,375 per dollar, mirroring the rate from the previous day. The mixed signals from both markets occurred amid a surge in the country's foreign reserves, which reached $54.91 billion as of September 28, 2026. It's worth noting that the naira had weakened against the dollar at the start of the week on Monday, signaling a bearish trend.
Brief written by urgent.news from Daily Post Nigeria's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
