Dollar to Naira exchange rate today, May 3, 2026: Nigerian currency bounces back with appreciation

Dollar to Naira speech complaint today, May 13, 2026: Nigerian currency bounces backmost with appreciation

The naira appreciated against the dollar connected Wednesday astatine the authoritative overseas speech marketplace aft 2 days of depreciation.

Data from the Central Bank of Nigeria showed that the naira strengthened for the archetypal clip since past week to N1,370.56 per dollar, up from N1,375.6219 traded connected Tuesday.

This means that the naira firmed up by N5.1 connected a day-to-day basis.

Meanwhile, astatine the achromatic market, the naira remained unchanged astatine N1,395 per dollar, the aforesaid complaint exchanged connected Tuesday.

The improvement comes arsenic Nigeria’s overseas reserves roseate to $48.48 cardinal connected May 12, 2026, according to information from the apex bank.

Recall that successful the past 2 days, the naira recorded depreciation against the dollar at the authoritative overseas speech market.

Dollar to Naira speech rate today, May 3, 2026: Nigerian currency bounces backmost with appreciation