Dollar to Naira exchange rate today, July 21, 2026
The Nigerian naira continued to trade within a relatively stable range against the United States dollar on Tuesday, July 21, 2026, across both the official Nigerian Foreign Exchange Market (NFEM) and the parallel market, as market participants monitored foreign exchange liquidity and the outcome of the Central Bank of Nigeria’s Monetary Policy Committee meeting.
The gap between the official and parallel market exchange rates has remained relatively narrow compared with previous years, reflecting improved liquidity in the formal foreign exchange market following ongoing reforms by the CBN.
According to data published by the Central Bank of Nigeria (CBN), the official NFEM exchange rate was around ₦1,380 to the US dollar in recent trading, with the volume-weighted average rate standing at ₦1,380.
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