Dollar to Naira exchange rate today

The dollar is trading at different rates against the naira across Nigeria’s official foreign exchange market and the parallel market on Monday, October 26, 2026, with the latest available quotations showing differences between the two segments.

At the Nigerian Foreign Exchange Market (NFEM), the official exchange rate was around ₦1,331 per dollar in the latest available market update, while parallel-market dealers quoted rates of approximately ₦1,370 to ₦1,385 per dollar, depending on the location and transaction.

Data published by Gatekeepers News on Monday put the official dollar selling rate at ₦1,331.28, while the parallel market recorded a buying rate of ₦1,370 and a selling rate of ₦1,385 per dollar.

However, exchange rates vary among banks, Bureau De Change (BDC) operators and other currency dealers, and the actual rate available to customers may differ from published indicative figures.

The official foreign exchange market remains a key source of dollar pricing for eligible transactions conducted through authorised channels.

The latest available figures for October 26 put the dollar at approximately ₦1,331 per dollar in the official market. This compares with the parallel market, where customers may pay more to purchase physical dollars.