The Nigerian Naira maintained relative stability against the United States Dollar across both official foreign exchange windows and the parallel market in early trading on Wednesday, October 21, 2026.
At the official Nigerian Foreign Exchange Market (NFEM), the Naira opened trading exchanging at approximately N1,330.97 to N1,332.00 per US Dollar. The current spot rate reflects ongoing interventions and foreign portfolio flows sustaining liquidity within the official autonomous market window.
Meanwhile, in the unofficial parallel market, street traders and Bureau De Change (BDC) operators across key commercial hubs such as Lagos and Abuja quoted buying rates around N1,365 per dollar an...
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Dollar to Naira exchange rate today, October 21, 2026
Source: Vanguard News
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