Dollar‑to‑Naira exchange rate on June 18, 2026: Naira hits its steepest decline ever.

Dollar to Naira exchange rate today, June 18, 2026: Nigerian Naira records its steepest depreciation

On Friday, the Naira experienced its steepest decline against the dollar in the official foreign exchange market, marking a bearish close to the week.

According to data from the Central Bank of Nigeria, the Naira fell to N1,370.46 per dollar on Friday, down from N1,363.30 on Thursday.

This means that the Nigerian currency dropped N7.2 against the dollar at the official foreign exchange market.

Daily Post reports that the Friday decline is the highest in the week ending.

Meanwhile, at the black market, the Naira remained flat at N1,395 per dollar, the same rate as the previous day.

The development comes as the country’s external debt surged to $51.03 billion as of Thursday.

At the official foreign market, the Naira recorded depreciation throughout this week except on Monday.

Also in the week under review, the Naira has lost N14.19 against the dollar at the official FX market.