Dollar to Naira exchange rate today, August 5, 2026
The gap between the official and parallel market rates therefore stood at roughly ₦52 per dollar, indicating that demand for foreign currency in the informal market remains stronger than supply despite the relative calm in the official window.
Compared with levels seen earlier in July, the official exchange rate has held close to the ₦1,360–₦1,365 range, while the parallel market has fluctuated around ₦1,405–₦1,425.55 per dollar at the Nigerian Foreign Exchange Market (NFEM) as the official market remained relatively stable at the start of the new trading day.
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