Naira to Dollar exchange rate today, June 9, 2026

The Nigerian naira showed relative stability against the United States dollar on Tuesday, June 9, 2026, trading at an average of about ₦1,362.21/$ in the official market, closing near ₦1,365/$, while the parallel market ranged between ₦1,390/$ and ₦1,400/$.

Trading activity across the foreign exchange market remained broadly steady, supported by improved liquidity and reduced volatility in recent sessions.

Figures from the Central Bank of Nigeria indicated that the naira moved within a narrow band of roughly ₦1,360 to ₦1,366 per dollar during the day’s trading. This reflects a period of relative calm compared to earlier fluctuations.

In the official market window, the exchange rate hovered around ₦1,360.12/$ at different points, suggesting slight strength in the local currency amid better dollar inflows.

Meanwhile, the parallel market continued to trade at higher levels, with the dollar bought at about ₦1,390 and sold at around ₦1,400. This keeps a modest gap between both markets.

The difference between official and black market rates remains relatively contained at about ₦30 to ₦40, pointing to gradual convergence driven by ongoing foreign exchange reforms and liquidity support measures.

Market analysts say the naira’s recent performance has been supported by increased FX availability and reduced speculative demand, which has helped stabilise pricing.

Traders also noted that demand from importers, manufacturers, and travellers remained consistent but not overwhelming, allowing the market to remain balanced.

Current indicative rates are as follows:

Official NFEM rate: about ₦1,362.21/$

Official closing rate: about ₦1,365/$

Parallel market buying rate: about ₦1,390/$

Parallel market selling rate: about ₦1,400/$

Exchange rates may still vary slightly across banks and bureaux de change depending on location and transaction volume.