How Strong Is Your Naira Today?
The Nigerian naira opened the week on a relatively steady note against the United States dollar, with the latest confirmed official rate at about ₦1,346.49/$ and the parallel market trading around ₦1,405/$ to ₦1,428/$, depending on location, dealer quotes, and intraday demand.
As of Monday, August 24, 2026, the latest confirmed official Nigerian Foreign Exchange Market rate stood at ₦1,346.49 per dollar.
The official closing rate was reported at ₦1,346.90/$, while the dollar traded within a range of about ₦1,342 to ₦1,348 during the previous official session.
This means the naira gained ₦1.14 from the prior rate of ₦1,347.63 and strengthened by about ₦11.12 week-on-week.
In the parallel market, the dollar was quoted around ₦1,405/$ in some reports, while other market updates placed buying and selling quotes closer to ₦1,415 and ₦1,428, respectively.
