Business

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

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 t

NigerianNewsFeed NewsDesk
By NigerianNewsFeed NewsDesk Admin
@nigerianewsfeed · · 1 min read
Share:fXW
Dollar to Naira Exchange Rate Today, June 18, 2026: Nigerian Naira appreciates after four days of decline
Photo: DailyPost

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 N1,370.46 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 Monday.

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

Sources
NigerianNewsFeed NewsDesk
About the Author
NigerianNewsFeed NewsDesk Admin
Trusted, fast and relevant news across Nigeria and beyond.
Read full article
Continue on DailyPost
Visit