Dollar to Naira exchange rate today, October 5, 2026: Naira extends depreciation against USD
The Nigerian naira depreciated against the dollar at the official foreign exchange market on Monday, resuming trading on a negative note. Central Bank of Nigeria data showed that the naira dropped to N1,331.69 against the dollar on Monday from N1,330.10 traded last week. This means that at the official foreign exchange market, the naira declined […] Dollar to Naira exchange rate today, October 5,…
The Nigerian naira continued its depreciation trend against the US dollar on Monday, October 5, 2026, dropping to N1,331.69 per dollar at the official foreign exchange market, a decline of N1.59 from last week's rate of N1,330.10. This depreciation was in contrast to the black market where the naira remained flat at N1,370 per dollar. Despite the external reserves standing at $54.95 billion as of October 2, 2026, the naira's value continued to weaken against the dollar.
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