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Dollar to Naira exchange rate update – October 12, 2026
VIA VANGUARD:
The naira’s performance remains important to Nigerians paying tuition abroad, funding travel and importing goods. Here are the latest available figures:
| Market | Buying | Selling |
|---|---|---|
| NFEM (official) | ₦1,332.49 | ₦1,332.49 |
| Parallel market | ₦1,370 | ₦1,380 |
The Central Bank of Nigeria (CBN) data showed that the NFEM closed at ₦1,332.49 per dollar on Friday, October 9, the latest completed official session. The parallel market figures are from Saturday, October 10.
Rates may vary by location, dealer and transaction method, and the NFEM rate could change as Monday’s session progresses. Readers should confirm current quotations with their banks or authorised dealers before transacting.
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