Dollar to Naira exchange rate today, August 6, 2026
This puts the spread between the official NFEM rate and the parallel market selling rate at roughly ₦62 per dollar, reflecting the continued premium paid by individuals and businesses sourcing foreign exchange outside the regulated market.
For individuals and businesses, the rate that applies depends on the channel through which foreign exchange is purchased, with banks and authorised dealers using the official NFEM rate, while street traders and some Bureau de Change operators transact at parallel market rates.
The naira maintained a relatively stable position against the United States dollar in the official foreign exchange market on Thursday, August 6, 2026, while the gap between the Nigerian Foreign Exchange Market (NFEM) and the parallel market remained noticeable.
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