Dollar to naira exchange rate opens at ₦1,327 on September 28, 2026

The dollar-to-naira exchange rate opened the new trading week on Monday, September 28, 2026, with the official rate at approximately ₦1,327.16 per dollar, while the parallel market rate awaits confirmation. Market participants are monitoring both the Nigerian Foreign Exchange Market and informal currency dealers. The Central Bank of Nigeria calculates the official rate using a volume-weighted average of transactions, with the closing rate determined by daily trading activity. The parallel market last quoted the dollar at ₦1,385 on Friday, September 25, though Monday's rate may shift based on supply and demand among Bureau De Change operators. The naira ended the previous week broadly stable across both markets, supported by stronger external reserves. Official and parallel rates may change as trading progresses throughout the day.