See Exchange Rate Tonight As Naira Depreciates Against Dollar

Naira returned to depreciation against the dollar at official and parallel foreign exchange markets after beginning the week in gain.

Central Bank of Nigeria’s exchange rate data showed that the Naira dropped to N1,533.10 against the dollar from N1,531.95.

This means that the Nigerian currency, the naira, weakened by N1.15 against the dollar on a day-to-day basis.

Similarly, at the black market, the Naira also fell by N5 to close at N1565 per dollar from N1560 traded the previous day.

The development comes as the Naira appreciated against the dollar on Monday amid a rise in the country’s external reserves, which stood at $39,54 billion as of August 1, 2025, according to CBN official data.