Dollar to Naira exchange rate today, May 12, 2026: Nigerian currency continues depreciation

Dollar to Naira speech complaint today, May 12, 2026: Nigerian currency continues depreciation

The Naira extended its depreciation against the dollar astatine the authoritative overseas speech marketplace connected Tuesday.

Central Bank of Nigeria information showed that the Naira weakened further to N1,375.62 per dollar connected Tuesday, down from N1,373.16 traded connected Monday.

This means that, connected a day-to-day basis, the Naira dipped by N2.46.

Meanwhile, astatine the achromatic market, the Naira remained level astatine N1,395 per dollar, the aforesaid complaint exchanged connected Monday.

The improvement comes contempt the country’s overseas reserves surging to $48.45 cardinal arsenic of May 11, 2026, according to apex slope data.

DAILY POST recalls that the Naira fell by N11.77 per dollar on Monday.

Dollar to Naira speech rate today, May 12, 2026: Nigerian currenc...