Dollar to Naira exchange rate Today, October 9, 2026: Naira appreciates against USD to end week on positive note
The naira appreciated against the dollar at the official foreign exchange market to end the week on a positive note. Data from the Central Bank of Nigeria (CBN) showed that the naira strengthened to N1,331.19 per dollar on Friday, compared with N1,332.10 recorded on Thursday. This means that, on a day-to-day basis, the naira gained […] Dollar to Naira exchange rate Today, October 9, 2026: Naira…
The Nigerian naira showed a positive trend against the US dollar at the end of the week on October 9, 2026. According to the Central Bank of Nigeria (CBN), the naira strengthened, reaching N1,331.19 per dollar on Friday, compared to N1,332.10 on Thursday. This indicates that the naira gained N0.91 against the dollar in a single day.
The parallel market saw no change in the exchange rate, with the naira remaining at N1,385 per dollar on both Friday and the previous day. Throughout the week, the naira experienced fluctuations in the foreign exchange markets. As of October 8, 2026, the country's foreign reserves amounted to $55.07 billion. The World Bank's October Nigeria Development Update highlighted that Nigeria's currency outperformed others in the first quarter of 2026.
In summary, the dollar to naira exchange rate today, October 9, 2026, reflects the naira's appreciation against the USD, contributing to a positive outcome for the week.
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