Dollar to Naira Exchange Rate Today, November 12, 2026: Continued Depreciation
The Naira has continued to depreciate against the dollar, according to multiple reports.
The Naira has continued to depreciate against the dollar, according to multiple reports.
Nigeria's currency, the Naira, has appreciated to N1,346 per dollar at the official market, according to Business Post Nigeria.
The Naira strengthened against the US Dollar at the official foreign exchange market on Tuesday, according to Daily Post Nigeria.
The naira depreciated against the dollar at the official foreign exchange market on Monday, beginning November on a negative note.
As businesses, investors, and Nigerians rely on foreign currency for international transactions, the exchange rate against the US dollar remains a significant concern.
The Naira continued its free fall against the United States dollar today, with the exchange rate at N1,367.61 per dollar.
The Nigerian naira has depreciated to N1,367 per dollar in the parallel market, according to data from the Central Bank of Nigeria.
The Federal Government has ruled out restoring fuel subsidies and multiple exchange rates, reaffirming its commitment to economic reforms.
The Trade Union Congress (TUC) has called on the Federal Government to consider adopting an exchange rate of N800 to $1 to help reduce the cost of petrol.
On Thursday, the naira maintained a relatively stable exchange rate against the US dollar across both the official and parallel markets.