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Dollar to Naira exchange rate update – September 20, 2026

Dollar to Naira exchange rate update – September 20, 2026

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VIA NAIJA NEWS:

The naira held its ground against the US dollar on Saturday, though gains remained thin across Nigeria’s currency markets.

MarketSaturday (19/09/2026)Friday
Official (CBN)₦1,331.2027/$1₦1,331.2812/$1
Parallel (Black Market)₦1,395/$1

According to Naija News, data from the Central Bank of Nigeria (CBN) showed that the local currency sold at ₦1,331.2027/1$ on Saturday, a marginal improvement from Friday.

Analysts note that rates from banks and BDC operators may differ from official figures due to transaction margins and demand-supply conditions. Traders are watching FX inflows and CBN policy moves for clues on whether the naira can hold its gains through the month.

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