Naira Exchange Rate Today June 9 2026 — The Nigerian naira remained relatively stable against major foreign currencies on Tuesday as liquidity conditions in the official foreign exchange market improved. Market participants continued to monitor the impact of recent CBN foreign exchange reforms and growing external reserves, which have helped support confidence in the naira.
At the official market, the naira traded around ₦1,361–₦1,363 per US dollar, while the parallel (black) market remained around ₦1,395–₦1,400 per dollar.
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Naira Exchange Rate Today (June 9, 2026)
| Currency | Official Rate (₦) | Black Market Buy (₦) | Black Market Sell (₦) |
|---|---|---|---|
| US Dollar (USD) | 1,362 | 1,388 | 1,400 |
| British Pound (GBP) | 1,824 | 1,840 | 1,880 |
| Euro (EUR) | 1,575 | 1,590 | 1,620 |
| Canadian Dollar (CAD) | 990 | 999 | 1,007 |
| Saudi Riyal (SAR) | 353 | 363 | 363 |
| Swiss Franc (CHF) | 1,690 | 1,713 | 1,714 |
| Japanese Yen (JPY) | 8.4 | 8.5 | 8.5 |
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Cryptocurrency Market Snapshot
| Cryptocurrency | Approx. Price (USD) | Market Trend |
|---|---|---|
| Bitcoin (BTC) | $108,000+ | Mixed |
| Ethereum (ETH) | $5,800+ | Bullish |
| BNB | $980+ | Stable |
| Solana (SOL) | $240+ | Bullish |
| XRP | $2.80+ | Stable |
| Dogecoin (DOGE) | $0.31+ | Mixed |
Market Outlook
Currency traders expect the naira to remain relatively stable this week as the Central Bank continues implementing measures aimed at improving transparency and liquidity in the foreign exchange market. Global investors are also watching upcoming U.S. inflation data and interest-rate expectations, which could influence the strength of the dollar against emerging-market currencies. 2
Disclaimer: Black market rates vary by location and dealer. Rates shown are market averages gathered from currency traders and exchange-rate aggregators.
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