Naira to Dollar Exchange Rate Today – Tuesday, July 28, 2026
The naira began trading on Tuesday, July 28, 2026, at ₦1,362.09 per US dollar in the official Nigerian Foreign Exchange Market (NFEM), while the parallel market traded above ₦1,410/$ as traders monitored foreign exchange liquidity and demand.
The gap between the official and parallel market rates remained relatively narrow, reflecting continued stability in the foreign exchange market despite sustained demand for the US dollar.
Official market records stable trading
Data from the Central Bank of Nigeria’s Nigerian Foreign Exchange Market showed the naira trading around ₦1,362.09/$, with transactions ranging between ₦1,359 and ₦1,365 during the trading session.
The latest available NFEM closing rate stood at approximately ₦1,361 per dollar, indicating only marginal movement in the official exchange rate.
Early Tuesday interbank quotes also showed the US dollar trading at about ₦1,366.84/$, highlighting ongoing activity within the official foreign exchange window.
