Dollar to Naira exchange rate today, July 23, 2026
The naira traded within a relatively stable range against the United States dollar on Thursday, July 23, 2026, across both the official Nigerian Foreign Exchange Market (NFEM) and the parallel market.
The gap between the official and parallel market rates remains a key indicator of foreign exchange liquidity and demand pressures in Nigeria.
In the parallel market, commonly referred to as the black market, currency traders quoted the dollar at about ₦1,405 for buying and ₦1,410 for selling on Thursday, reflecting a premium over the official market rate due to demand and supply dynamics outside the regulated FX window.
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