Dollar To Naira Exchange Rate Today, May 19th, 2026

Dollar To Naira Exchange Rate Today, May 19th, 2026
Official CBN exchange rate remained within ₦1,359 to ₦1,366 range
Forex demand pressure continues affecting Naira stability across markets

The exchange rate between the United States Dollar and the Nigerian Naira remained a major point of attention on Monday as traders, businesses and Nigerians continued to monitor movements in both the official and parallel foreign exchange markets.

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EKO HOT BLOG reports that checks from Bureau De Change operators and online market trackers showed that the Dollar traded around ₦1,390 to ₦1,482 at the black market, depending on location and transaction volume, while the official Central Bank of Nigeria (CBN) rate remained within the ₦1,360 range.

The gap between the official and parallel market rates has continued to reflect demand pressure for foreign exchange, especially among importers, travelers and small businesses seeking quick access to dollars outside the formal banking system.

Dollar To Naira Black Market Rate Today

Dollar to Naira (USD to NGN)	Black Market Rate
Buying Rate	₦1,390
Selling Rate	₦1,482

Dollar To Naira CBN Official Rate Today

Dollar to Naira (USD to NGN)	CBN Official Rate
Highest Rate	₦1,366
Lowest Rate	₦1,359

Foreign exchange analysts say the Naira continues to face pressure despite recent efforts by the Central Bank of Nigeria to improve liquidity and stabilise the market.

Meanwhile, economic observers believe oil revenue performance, diaspora remittances, inflation trends and investor confidence will remain key factors influencing the direction of the Naira in the coming weeks.