Dollar To Naira Exchange Rate Today, September 9, 2026: $1 Now Equals ₦1,321.37

The Nigerian naira continued its struggle against the United States dollar at the foreign exchange market, with fresh exchange rate figures emerging from both the official and parallel markets.

According to Ireporter Online, data released by the Central Bank of Nigeria (CBN) showed that the naira traded at ₦1,320.2469 to the dollar at the official foreign exchange market on Tuesday.

The latest figure represented a slight change from the ₦1,320.5574 recorded against the dollar on Monday.

Meanwhile, the naira traded at about ₦1,400 to the United States dollar at the parallel market, commonly referred to as the black market.

It was gathered that exchange rates offered by commercial banks, Bureau de Change operators and other foreign exchange dealers may differ from the official reference rate due to transaction margins, as well as prevailing demand and supply conditions.

Market observers are expected to continue monitoring dollar inflows, demand for foreign exchange and policy decisions by the Central Bank of Nigeria as indicators of the naira’s likely performance in the coming weeks.

The movement of the local currency remains a key focus for businesses, investors and Nigerians as the country continues to navigate developments in the foreign exchange market.