Dollar-to-Naira Exchange Rate on June 26, 2026

The Nigerian naira stayed largely unchanged against the U.S. dollar on Friday, June 26 2026, in both the official Nigerian Foreign Exchange Market (NFEM) and the parallel market, as traders watched liquidity conditions and foreign‑exchange inflows.

According to NFEM data, the naira traded at about ₦1,374.76 per dollar on Friday. Recent official market figures show the rate has been circling the ₦1,370 band in recent sessions.

At this official rate, $100 would convert to roughly ₦137,476, while $1,000 would be worth about ₦1.37 million.

The Central Bank of Nigeria reported an NFEM rate of ₦1,380.1079 per dollar on June 25, with a high of ₦1,390.50 and a low of ₦1,376.00, highlighting the market’s relative steadiness.

In the parallel market, also known as the black market, Lagos bureau de change operators quoted the dollar at approximately ₦1,388 for buying and ₦1,400 for selling on Thursday, with minor variations by location and transaction size.

At these black‑market rates, $100 would fetch about ₦140,000, and $1,000 would bring in roughly ₦1.4 million.

Analysts say that the naira’s future movements will hinge on dollar inflows from crude‑oil exports, diaspora remittances, foreign portfolio investments, and Central Bank interventions designed to enhance foreign‑exchange liquidity. The narrow spread between official and parallel rates also points to ongoing convergence in Nigeria’s currency market.

As of Friday, June 26 2026, the indicative rates are:

Official NFEM rate: about ₦1,374.76 per U.S. dollar.

Parallel market rate: about ₦1,388 per dollar (buy) and ₦1,400 per dollar (sell).

Rates may differ slightly across banks, bureaux de change, and parallel‑market dealers depending on transaction size and location.