Exchange rate today, November 6, 2026: Naira appreciates against dollar to end week positively
The naira appreciated against the dollar at the official foreign exchange market on Friday, ending the first week of November 2026 on a positive note. Data from the Central Bank of Nigeria, CBN, showed that the naira strengthened slightly to N1,346.79 per dollar on Friday, compared with N1,348.74 recorded on Thursday. This means the naira […] Exchange rate today, November 6, 2026: Naira…
On Friday, November 6, 2026, the Nigerian naira experienced an appreciation against the U.S. dollar, concluding the first week of the month on a positive trajectory. According to the Central Bank of Nigeria (CBN), the naira strengthened to N1,346.79 per dollar from N1,348.74 the previous day, an improvement of N1.95. The currency had been facing days of depreciation before this rebound.
In contrast, the parallel market, commonly referred to as the black market, maintained the stability of the naira at N1,410 per dollar, mirroring the rate from the preceding day. Throughout both official and unofficial foreign exchange markets, the naira has seen more losses than gains recently. This trend coincides with a decline in Nigeria's external reserves, which had reduced to $55.13 billion, as reported by the apex bank.
Written by urgent.news from Daily Post Nigeria's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
