In recent days, the naira has shown mixed performance against major global currencies. While the official window reflects gradual stability, the parallel market continues to respond to demand pressure and limited forex supply.
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Dollar to Naira today Exchange Rates Table – April 19, 2026
| Currency | Official Market Rate (₦) | Parallel / Black Market Rate (₦) | Mid-Market / Indicative Rate (₦) |
|---|---|---|---|
| US Dollar (USD) | ₦1,380 – ₦1,395 | ₦1,400 – ₦1,420 | ₦1,390 |
| Euro (EUR) | ₦1,510 – ₦1,530 | ₦1,650 – ₦1,690 | ₦1,620 |
| British Pound (GBP) | ₦1,790 – ₦1,820 | ₦1,940 – ₦1,980 | ₦1,900 |
| Chinese Yuan (CNY) | ₦188 – ₦193 | ₦195 – ₦202 | ₦191 |
| Japanese Yen (JPY) | ₦9.9 – ₦10.3 | ₦10.5 – ₦11.0 | ₦10.2 |
| Canadian Dollar (CAD) | ₦1,010 – ₦1,040 | ₦1,070 – ₦1,100 | ₦1,030 |
| Swiss Franc (CHF) | ₦1,510 – ₦1,540 | ₦1,600 – ₦1,640 | ₦1,530 |
| Saudi Riyal (SAR) | ₦365 – ₦372 | ₦380 – ₦390 | ₦370 |
| UAE Dirham (AED) | ₦370 – ₦378 | ₦385 – ₦395 | ₦375 |
Market Analysis
The official exchange rate reflects controlled pricing within the regulated forex window. This stability is driven by policy measures and improved transparency.
However, the parallel market shows stronger demand for foreign currencies. Many individuals and businesses rely on this segment for quick access to forex. As a result, prices remain higher.
Meanwhile, the mid-market rate serves as a global benchmark. It provides a neutral reference point but does not include transaction charges or local premiums.
What to Expect This Week
The naira may experience mild fluctuations in the coming days. Demand pressure could persist, especially for imports and international payments.
At the same time, the official market may remain stable due to ongoing policy support. However, the gap between official and parallel rates may continue.
Important Notice
Exchange rates change frequently. Therefore, actual buying and selling rates may differ depending on location, transaction volume, and financial institutions.
Stay with Sojworldnews for daily exchange rate updates, business news, and economic insights.
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