Naira to Dollar exchange rate today, Monday, July 13, 2026

The Nigerian naira remained largely stable against the United States dollar at the official Nigerian Foreign Exchange Market (NFEM), trading at approximately ₦1,382.33 per dollar on Monday, July 13, 2026, based on available market figures.

The official exchange rate serves as the benchmark for transactions within Nigeria’s regulated foreign exchange market.

Figures released through the Central Bank of Nigeria’s NFEM platform show that the last published official rate before Monday’s trading session stood at ₦1,379.62 per dollar on Friday, July 10.

The slight movement suggests that the local currency has maintained relative stability in recent trading sessions.

Meanwhile, activity in the parallel market painted a different picture, with the dollar selling for about ₦1,425 and buying at roughly ₦1,410.

However, black-market rates differ across cities and dealers, depending on prevailing demand and the availability of foreign currency.

The continued gap between the official and parallel market rates reflects persistent demand for dollars outside the formal banking system.

Many businesses and individuals who are unable to obtain foreign exchange through official channels often rely on the informal market to meet their needs.

Analysts note that the naira’s performance will continue to be influenced by several factors, including foreign exchange liquidity, crude oil export earnings, the country’s external reserves, investor confidence, and monetary and exchange-rate policies implemented by the Central Bank of Nigeria.

Market observers are expected to closely watch future CBN interventions and overall dollar supply, as these remain key indicators that could determine the direction of the naira in the days ahead.