The exchange rate for the US Dollar (USD) to the Nigerian Naira (NGN) has shown relative stability this morning, Friday, March 27, 2026, with the Naira maintaining its recent gains.
Official Market (NAFEM) Rate
In the official Nigerian Foreign Exchange Market (NFEM), the Naira opened with a slight appreciation compared to the previous day’s close.
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Opening Rate: Approximately ₦1,384.76/$
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Current Rate: ₦1,384.17/$ (as of 8:00 AM WAT)
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24-Hour Change: The Naira has seen a marginal improvement of about 0.04% in early trading today.
Parallel (Black) Market Rate
The parallel market continues to trade at a premium, though the gap remains within the recent stable range as demand stays steady.
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Buying Rate: ₦1,410/$
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Selling Rate: ₦1,415/$
