Currency News Today – Friday, May 22, 2026
Exchange rates today May 22 2026 Nigeria —The Nigerian naira remained relatively stable on Friday as the Central Bank of Nigeria (CBN) sustained its monetary tightening policy and retained the benchmark interest rate at 26.5%.
Meanwhile, global currency markets reacted to rising geopolitical tensions linked to the ongoing U.S.-Iran crisis. As a result, the U.S. dollar traded near a six-week high against major global currencies.
Analysts said Nigeria’s foreign exchange market continues to benefit from improved liquidity and stronger external reserves. In addition, the naira traded within a narrow range at the official market window throughout the week.
Furthermore, recent improvements in Nigeria’s macroeconomic outlook and exchange rate reforms have helped to strengthen investor confidence in the economy.
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Nigeria Exchange Rates – Friday, May 22, 2026
| Currency | Official Market Rate (₦) | Parallel / Black Market Rate (₦) | Mid-Market / Indicative Rate (₦) |
|---|---|---|---|
| US Dollar (USD) | ₦1,371 – ₦1,375 | ₦1,390 – ₦1,405 | ₦1,373 |
| Euro (EUR) | ₦1,545 – ₦1,565 | ₦1,660 – ₦1,690 | ₦1,558 |
| British Pound (GBP) | ₦1,820 – ₦1,845 | ₦1,940 – ₦1,975 | ₦1,835 |
| Chinese Yuan (CNY) | ₦189 – ₦193 | ₦196 – ₦201 | ₦191 |
| Japanese Yen (JPY) | ₦9.9 – ₦10.3 | ₦10.6 – ₦11.0 | ₦10.2 |
| Canadian Dollar (CAD) | ₦1,010 – ₦1,035 | ₦1,075 – ₦1,100 | ₦1,025 |
| Swiss Franc (CHF) | ₦1,515 – ₦1,540 | ₦1,610 – ₦1,640 | ₦1,528 |
| Saudi Riyal (SAR) | ₦366 – ₦372 | ₦378 – ₦386 | ₦370 |
| UAE Dirham (AED) | ₦371 – ₦376 | ₦382 – ₦391 | ₦374 |
Market Highlights
- The naira traded steadily after the CBN retained the Monetary Policy Rate at 26.5%.
- Nigeria’s external reserves remained strong, helping to stabilize the foreign exchange market.
- Global oil prices stayed elevated due to Middle East tensions, increasing pressure on emerging market currencies.
- The U.S. dollar strengthened globally as investors moved toward safer assets.
Important Notice
Exchange rates may vary depending on location, transaction volume, and Bureau de Change operators. Therefore, readers should confirm rates before making any foreign exchange transaction.
Stay with Sojworldnews for daily exchange rate updates, business news, and economic analysis.
Keyphrase: Exchange rates today May 22 2026 Nigeria.
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