Exchange rate today, November 13, 2026: Naira extends gains against USD
The Naira extended its appreciation against the dollar at the official foreign exchange market, ending the week on a positive note. Data from the Central Bank of Nigeria showed that the Naira further strengthened to N1,353.10 per dollar on Friday, compared with N1,355.88 traded on the previous day. This means that, on a day-to-day basis, […] Exchange rate today, November 13, 2026: Naira extends…
On Friday, November 12, 2026, the Nigerian Naira showed a positive trend against the US dollar at the official foreign exchange market, concluding the week in a favorable position. According to data released by the Central Bank of Nigeria, the Naira gained further against the dollar, reaching N1,353.10 per dollar, a contrast to N1,355.88 on the preceding day. This translates to a daily gain of N2.78 for the Naira against the dollar at the official market.
At the parallel market, however, the Naira maintained a steady rate at N1,430 per dollar on Friday, mirroring the rate of Thursday. Despite this, the overall performance of the Naira across both markets was mixed, as the country's external reserves continued to dwindle, standing at $54.87 billion as of November 12, 2026.
The Daily Post reported that throughout the week under review, the Naira experienced more losses than gains, both in the official and parallel foreign exchange markets.
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.
