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Business & Economy

Naira to Dollar exchange rate today

The FrontierThe FrontierMay 19, 2026 710 Minutes read0

•Dollars and Naira notes

Data published by the Central Bank of Nigeria (CBN) shows that the Naira recorded a slight depreciation against the United States Dollar today, Tuesday, May 19, 2026.

The currency traded at about ₦1,373.5 per dollar at the Nigerian Foreign Exchange Market (NFEM) window, compared to ₦1,372 recorded in the previous session.

Market analysts attributed the latest fluctuation to sustained demand for foreign exchange from importers and manufacturers, despite ongoing interventions by monetary authorities aimed at stabilising the Naira.

The CBN’s exchange rate data also indicated that turnover in the interbank foreign exchange market increased significantly to about $76.3 million, reflecting improved trading activity in the market.

Meanwhile, suggesting relatively stable performance in recent trading sessions despite mild volatility, data trackers showed the USD/NGN exchange rate hovering around ₦1,371 today.

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