- Dollar to Naira Exchange Rate Today, August 1, 2026
- CBN data showed a July 30 closing rate of ₦1,368.50/$1.
- Actual rates may vary across banks and parallel foreign exchange markets.
The dollar to naira exchange rate remains a key economic indicator for Nigerians as businesses, investors and consumers continue to monitor movements in the foreign exchange market.
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EKO HOT BLOG reports that as of Saturday, August 1, 2026, the latest available official exchange rate data from the Central Bank of Nigeria (CBN) puts the Nigerian Autonomous Foreign Exchange Market (NFEM) rate at ₦1,366.73 to $1.
The CBN’s latest published data, dated July 30, 2026, also showed a closing exchange rate of ₦1,368.50 per US dollar, while the highest and lowest rates recorded during the trading session were ₦1,370.00 and ₦1,365.00, respectively.
| Dollar Rate | Naira Value |
|---|---|
| $1 | ₦1,366.73 |
| $5 | ₦6,833.64 |
| $10 | ₦13,667.28 |
| $20 | ₦27,334.56 |
| $50 | ₦68,336.39 |
| $100 | ₦136,672.78 |
| $500 | ₦683,363.90 |
| $1,000 | ₦1,366,727.80 |
The official NFEM rate is derived using the volume weighted average of transactions in the Nigerian foreign exchange market and serves as the official exchange rate for the day, according to the CBN.
The exchange rate available to individuals and businesses may differ depending on the market segment, financial institution and transaction type. The parallel market rate may also differ from the official NFEM rate.
