…NFEM rate — N1,349.6737/$
…Naira depreciates by at least N6 against the USD
…Black market (Buying and selling rates) — N1,398— N1,405
The Nigerian naira depreciated against the United States (US) dollar, trading at N1,349.6737 per dollar at the Central Bank of Nigeria (CBN) official foreign exchange window on Monday, 20th April, 2026.
Data uploaded on the CBN’s official platform show the naira traded at the Nigerian Foreign Exchange Market (NFEM) rate of N1,349.6737 per dollar and closed at N1,349.6737 per dollar.
Comparing this rate to that of 17th April, 2026 when the Nigerian currency traded at N1,343.6398, the Nigerian currency depreciated by at least N6.
At the parallel market, the naira-to-dollar exchange rate for the buying rate increased by N3 while the selling rate remained the same as that of the previous trading rate on 17th April, 2026.
According to Aboki FX, the Naira-to-dollar exchange rate at the black market on Thursday, 20th April, 2026, was N1,398 and N1,405 per dollar for buying and selling rate respectively.
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