Sunday, August 30, 2026
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Naira Holds Near N1,347 to $1 as Reserves Hit Record High

Naira Holds Near N1,347 to $1 as Reserves Hit Record High

If you changed dollars into naira last week and you are doing it again today, you will notice almost nothing has moved.

That is the story of Nigeria’s naira dollar exchange rate right now. On Monday, August 25, 2026, the naira traded at N1,346.98 to the dollar on the official market, according to data from the Central Bank of Nigeria and the Nigerian Foreign Exchange Market. That is a drop of 49 kobo from the previous session, a change of 0.04 percent.

The pound slipped too, trading at N1,837.54, down 79 kobo. The euro moved the other way, gaining N1.59 to close at N1,571.54. On the parallel market, the dollar held steady at N1,390.

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