Naira Gains Against Dollar at Official Market After Four-Day Slump

 

 

 

Dollar to Naira Exchange Rate Today, June 18, 2026: Nigerian Naira appreciates after four days of decline

 

 

The Naira appreciated against the dollar at the official foreign exchange market on Monday to begin the week on a good note.

 

The Central Bank of Nigeria’s data showed that the Naira strengthened on Monday to N1,369.11 against the dollar, compared to N1,370.46 traded on Friday last week.

 

 

This means that Nigerian currency slightly gained against the dollar when compared to N1,370.46 that was exchanged last weekend.

 

Meanwhile, at the black market, the Naira remained at N1,400 per dollar, the same rate traded last week.

 

 

This comes as the country’s foreign reserves rose further to $51.06 billion, according to the apex bank’s data on June 19th, 2026.

 

Recall that last week, Nigerian local currency weakened throughout the week except on Monday.

 

 

 

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