Dollar to Naira exchange rate today, July 28, 2026
The naira opened trading on Tuesday, July 28, 2026, with a relatively narrow gap between the official Nigerian Foreign Exchange Market (NFEM) and the parallel market, as traders continued to monitor dollar liquidity and demand across the banking and Bureau de Change segments.
The difference between the official NFEM rate and the parallel market selling rate remained around ₦48–₦50 per dollar, suggesting a much narrower premium than levels seen during periods of severe foreign exchange pressure.
Currency traders said demand from importers, manufacturers and individuals seeking invisible transactions continued to support the black-market rate, while improved liquidity in the official window helped keep the naira relatively stable.
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