Dollar To Naira Exchange Rate Today, May 13, 2026

• Dollar To Naira Exchange Rate Today, May 13, 2026
• Official CBN rate traded between ₦1,372 and ₦1,377.
• Forex demand and supply pressures continue affecting naira stability.

The Dollar to Naira exchange rate remained under close watch on Tuesday, May 13, 2026, as traders and businesses continued to monitor movements in both the black market and the official foreign exchange market.

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EKO HOT BLOG reports that at the parallel market, also known as the black market, the United States Dollar exchanged at ₦1,400 for selling and ₦1,387 for buying.

Meanwhile, rates at the official market monitored by the Central Bank of Nigeria (CBN) showed the naira trading between ₦1,372 and ₦1,377 against the dollar.

Currency traders said demand pressure for foreign exchange and limited dollar supply continued to influence fluctuations across the market.

Financial analysts have continued to urge businesses and importers to rely on official channels for foreign exchange transactions, warning against risks associated with the parallel market.

The exchange rate remains a major factor affecting the prices of imported goods, transportation, food items and other services across Nigeria.

Experts also noted that fluctuations in the forex market may continue in the coming weeks as the government and monetary authorities intensify efforts to stabilise the naira and improve liquidity in the official market.

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