The official dollar-to-naira exchange rate stood at ₦1,329.5138 to $1 on Friday, September 25, 2026, according to data attributed to the Central Bank of Nigeria (CBN), while the naira was quoted at ₦1,390 to the dollar in the parallel market.
Key Figure
Official exchange rate: ₦1,329.5138/$1
The figure recorded on Friday represents a change from the previous session’s rate of ₦1,328.6687/$1.
Dollar To Naira Exchange Rate Update
The Nigerian naira was quoted at ₦1,329.5138 per US dollar at the official foreign exchange market on Friday, September 25, 2026.
The latest figure compares with ₦1,328.6687/$1 recorded on Thursday, indicating a change in the official reference rate between the two trading sessions.
The latest exchange-rate figure is the key reference point for the dollar-to-naira market, although the rate available to individual customers can vary depending on the market channel and transaction conditions.
What Happened In The Foreign Exchange Market?
The official market rate and the parallel-market rate remained different on Friday.
At the parallel market, the dollar was quoted at ₦1,390, compared with the official rate of ₦1,329.5138/$1.
The difference between reference rates and rates offered by commercial banks, Bureau de Change (BDC) operators and other foreign-exchange dealers can arise from transaction margins as well as prevailing demand and supply conditions.
This means that the rate a customer encounters when buying or selling foreign currency may not necessarily be identical to the published official reference rate.
What Could Influence The Naira’s Next Move?
Market participants will continue to watch developments in the foreign-exchange market, particularly foreign-exchange inflows, demand for dollars and Central Bank of Nigeria policies.
These factors could provide further indications about the direction of the naira, although the supplied market report does not establish that any single factor caused the latest movement in the exchange rate.
For readers tracking the dollar-to-naira exchange rate, the official reference rate and prevailing market quotations remain important indicators to watch.
Dollar To Naira Exchange Rate: Frequently Asked Questions
What is the official dollar-to-naira exchange rate today?
The supplied CBN data puts the official exchange rate at ₦1,329.5138 to $1, based on the Friday, September 25, 2026 figure reported for this update.
What was the previous official dollar-to-naira rate?
The previous reported official rate was ₦1,328.6687/$1 on Thursday.
What was the parallel-market dollar rate?
The dollar was reported at ₦1,390 in the parallel market on Friday, September 25, 2026.
Why can bank and BDC rates differ from the official rate?
Commercial banks, BDC operators and other foreign-exchange dealers may quote different rates because of transaction margins and prevailing market demand and supply conditions.
Wrap-Up
The official dollar-to-naira exchange rate was reported at ₦1,329.5138/$1 on Friday, September 25, 2026, compared with ₦1,328.6687/$1 in the previous session. The parallel-market rate stood at ₦1,390 to the dollar.
Market participants will continue to monitor foreign-exchange inflows, dollar demand and CBN policies for further indications of how the naira may perform in the days ahead.
