Dollar to Naira exchange rate Nigeria — The Nigerian naira traded relatively stable against major foreign currencies on Tuesday, May 19, 2026, as improved foreign exchange inflows continued to support the market.
At the official market, the naira exchanged around ₦1,370 to ₦1,372 per United States dollar. Meanwhile, parallel market traders quoted the dollar between ₦1,388 and ₦1,405 depending on location and transaction volume.
Financial analysts said stronger inflows from exporters, oil companies, and foreign investors helped reduce pressure on the local currency in recent weeks.
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Dollar to Naira exchange rate – Tuesday, May 19, 2026
| Currency | Official Market Rate (₦) | Parallel / Black Market Rate (₦) | Mid-Market / Indicative Rate (₦) |
|---|---|---|---|
| US Dollar (USD) | ₦1,370 – ₦1,372 | ₦1,388 – ₦1,405 | ₦1,372 |
| Euro (EUR) | ₦1,590 – ₦1,605 | ₦1,640 – ₦1,670 | ₦1,610 |
| British Pound (GBP) | ₦1,820 – ₦1,840 | ₦1,870 – ₦1,900 | ₦1,835 |
| Chinese Yuan (CNY) | ₦198 – ₦201 | ₦202 – ₦206 | ₦200 |
| Japanese Yen (JPY) | ₦8.5 – ₦8.8 | ₦9.0 – ₦9.3 | ₦8.7 |
| Canadian Dollar (CAD) | ₦995 – ₦1,015 | ₦1,030 – ₦1,060 | ₦1,004 |
| Swiss Franc (CHF) | ₦1,510 – ₦1,530 | ₦1,570 – ₦1,600 | ₦1,520 |
| Saudi Riyal (SAR) | ₦365 – ₦370 | ₦375 – ₦382 | ₦368 |
| UAE Dirham (AED) | ₦370 – ₦375 | ₦380 – ₦388 | ₦372 |
Market Notes
The official exchange rate is regulated through the Nigerian Foreign Exchange Market (NFEM) and monitored by the Central Bank of Nigeria.
Meanwhile, the parallel market rate reflects prices offered by Bureau de Change operators and street traders across major Nigerian cities.
Exchange rates may change during the day due to demand, supply, market liquidity, and international economic developments.
Stay with Sojworldnews for daily exchange rate updates, business news, and economic analysis.
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