Naira to Dollar exchange rate today, Tuesday, May 26, 2026
The Nigerian naira traded at about ₦1,375 per US dollar at the official Nigerian Foreign Exchange Market (NFEM) on Tuesday, May 26, 2026.
The Central Bank of Nigeria sustained interventions aimed at stabilising the foreign exchange market.
At the official window, the naira moved within a tight band between ₦1,374 and ₦1,377 per dollar during trading sessions, according to market data.
The movement reflected relatively steady demand and supply conditions.
Market Stability and FX Inflows
Market analysts said the stability was driven by improved foreign exchange liquidity and sustained investor confidence.
They also pointed to expectations of stronger inflows into the financial system in the near term.
Interbank market turnover remained moderate, although minor fluctuations in demand were recorded during trading sessions.
In the parallel market, the dollar sold for between ₦1,390 and ₦1,397, while buying rates ranged between ₦1,385 and ₦1,390 depending on location and transaction size.
The gap between official and parallel market rates remained relatively narrow.
Analysts said this reflected ongoing reforms aimed at improving transparency and liquidity in the foreign exchange system.
Currency traders noted that demand from importers, travellers, and students continued to pressure the naira. However, recent gains in the official market helped maintain relative stability.