Naira To Dollar Exchange Rate Today April 28 2026
File photo of naira and dollar notes The Naira showed resilience Tuesday, trading at approximately 1,360.19 NGN per 1 USD in the official Nigerian Foreign Exchange Market (NFEM). Advertisement googletag.cmd.push(function() { googletag.display("div-gpt-ad-1672569656851-0"); }); Rate has seen slight volatility since the market opened, moving from an initial 1,359.23 NGN to its current level as demand and supply forces seek a daily equilibrium. The Central Bank of Nigeria continues to monitor the official window closely, ensuring that the transparency of the “willing buyer, willing seller” model supports price discovery while mitigating drastic shocks to the local currency. Several key macroeconomic factors, including significant drivers- global oil prices, are influencing today’s market performance, providing the necessary foreign exchange reserves to support the Naira. Advertisement googletag.cmd.push(function() { googletag.display("div-gpt-ad-1672569913499-0"); }); READ ALSO: Nigeria Joins Over 50 Nations To Kick Off World-First Fossil Fuel Exit Talks Additionally, internal market liquidity is being shaped by the clearance of corporate foreign exchange backlogs and seasonal demand for international payments. Stakeholders are advised to keep track of the closing rates later today to gauge the definitive performance of the Naira for the midweek trading period. As the day progresses, participants expect the market to remain within the current range unless there is a significant intervention or a shift in global market sentiment. Advertisement googletag.cmd.push(function() { googletag.display("div-gpt-ad-1672587799169-0"); }); Join Our Whatsapp Channel To join: Simply click on the link below & turn on notifications to get the latest updates Subscribe to Our Newsletter In This Article: Dollar Forex Markets Naira Rates More Stories Dollar Unstable As Traders Assess Stumbling US-Iran Talks Naira Strengthens To ₦1,342.5/$ Dollar To Naira Exchange Rate Today, April 16, 2026 /* * * CONFIGURATION VARIABLES: EDIT BEFORE PASTING INTO YOUR WEBPAGE * * / var disqus_shortname = 'channelstelevision'; // Required - Replace example with your forum shortname / * * DON'T EDIT BELOW THIS LINE * * */ (function() { var dsq = document.createElement('script'); dsq.type = 'text/javascript'; dsq.async = true; dsq.src = '//' + disqus_shortname + '.disqus.com/embed.js'; (document.getElementsByTagName('head')[0] || document.getElementsByTagName('body')[0]).appendChild(dsq); })(); Please enable JavaScript to view the comments powered by Disqus.
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