Dollar to Naira exchange rate today, July 29, 2026
The Nigerian Naira opened trading on Wednesday, July 29, 2026, maintaining relative stability against the United States dollar across both the official Foreign Exchange Market (NFEM) and the parallel market.
Data from the official Nigerian Foreign Exchange Market shows the currency trading at an average rate of 1,364.
Market operators attribute the sustained narrowing of the spread between official and parallel market rates to ongoing liquidity interventions by the Central Bank of Nigeria (CBN) alongside clear monetary policy guidance issued following recent Monetary Policy Committee sessions.
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