Dollar to Naira exchange rate today, July 17, 2026
The spread between the official and parallel market rates remains driven by demand for foreign exchange outside the formal banking system, although the gap has narrowed significantly compared with previous years following recent reforms in Nigeria’s foreign exchange market.
The Nigerian naira traded within a relatively stable range against the United States dollar on Friday, July 17, 2026, as the official Nigerian Foreign Exchange Market (NFEM) continued to reflect modest day-to-day movements, while the parallel market maintained a premium over the official window.
According to the latest available data from the Central Bank of Nigeria (CBN), the official NFEM exchange rate was around ₦1,380 per US dollar, with the most recent published NFEM fixing at ₦1,382.
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