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Dollar to Naira exchange rate update – October 14, 2026
VIA VANGUARD:
The dollar is trading at different rates in Nigeria’s official and parallel markets on Wednesday, October 14, 2026.
| Market | Rate (₦ per $1) |
|---|---|
| Official (NFEM)* | ₦1,332.47 |
| Parallel (Buying) | ₦1,365 |
| Parallel (Selling) | ₦1,375 |
*Based on figures reported on Tuesday, October 13.
At parallel-market rates, $100 would cost about ₦137,500. Rates may vary by location and dealer.
The naira’s performance is driven by foreign exchange supply and demand, crude oil earnings and monetary policy decisions.
Nigerians are advised to confirm current rates with their banks or licensed Bureau De Change operators before completing transactions.
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