Dollar to Naira Exchange Rate on May 3, 2026: Naira Bounces Back with Appreciation

Dollar to Naira exchange rate today, May 13, 2026: Nigerian currency bounces back with appreciation

On Wednesday, the naira strengthened against the dollar in the official foreign exchange market, ending a two‑day decline.

According to the Central Bank of Nigeria, the rate moved to N1,370.56 per dollar, up from N1,375.6219 on Tuesday.

This represents a daily gain of N5.1 for the naira.

At the black market, the naira held steady at N1,395 per dollar, the same rate as on Tuesday.

The move comes as Nigeria’s foreign reserves increased to $48.48 billion on May 12, 2026, according to the apex bank.

Previously, over the last two days, the naira had depreciated against the dollar in the official market.