Exchange rates today Nigeria – The Nigerian foreign exchange market on Thursday, April 23, 2026, shows relative stability in the naira against major global currencies.
However, slight pressure remains in the parallel market due to steady demand for foreign exchange. Meanwhile, the official window continues to reflect controlled pricing supported by improved liquidity.
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Nigeria Exchange Rates – April 23, 2026
| Currency | Official Market Rate (₦) | Parallel / Black Market Rate (₦) | Mid-Market / Indicative Rate (₦) |
|---|---|---|---|
| US Dollar (USD) | ₦1,395 – ₦1,410 | ₦1,420 – ₦1,440 | ₦1,405 |
| Euro (EUR) | ₦1,520 – ₦1,540 | ₦1,670 – ₦1,700 | ₦1,650 |
| British Pound (GBP) | ₦1,800 – ₦1,830 | ₦1,950 – ₦1,980 | ₦1,920 |
| Chinese Yuan (CNY) | ₦190 – ₦195 | ₦200 – ₦205 | ₦193 |
| Japanese Yen (JPY) | ₦9.7 – ₦10.1 | ₦10.3 – ₦10.7 | ₦10.0 |
| Canadian Dollar (CAD) | ₦1,020 – ₦1,050 | ₦1,080 – ₦1,110 | ₦1,040 |
| Swiss Franc (CHF) | ₦1,520 – ₦1,550 | ₦1,620 – ₦1,650 | ₦1,580 |
| Saudi Riyal (SAR) | ₦370 – ₦375 | ₦385 – ₦395 | ₦378 |
| UAE Dirham (AED) | ₦375 – ₦380 | ₦390 – ₦400 | ₦382 |
Market Highlights
First, the naira remains under mild pressure in the parallel market due to sustained demand for foreign exchange.
In addition, the gap between the official and black market rates persists, although it is narrower compared to previous months.
Meanwhile, global currency movements continue to influence the strength of the euro and the British pound against the naira.
What This Means
Importers and businesses may continue to face higher costs when sourcing foreign currency.
Similarly, travelers and students paying in foreign currencies should expect slightly higher exchange expenses in the parallel market.
However, improved liquidity in the official market may support further stability in the coming days.
Important Notice
Exchange rates are indicative and may change during the day depending on demand, supply, and transaction volume.
Always confirm rates with your bank or Bureau de Change before making any foreign exchange transaction.
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