NaijaSabi Price Index
Naira exchange rates prices in Nigeria
How many naira one dollar, pound or euro costs: the official Nigerian Foreign Exchange Market (NFEM) rate published by the Central Bank of Nigeria, and the street (parallel market) rate.
Latest prices in Nigeria
These prices were last checked on 16 October 2026 and may have changed since. Confirm before you buy.
| Rate | Naira | Change | Trend |
|---|---|---|---|
| Dollar, official (NFEM)per $1 | ₦1,334.20No changesince 15 Oct | No changesince 15 Oct | |
| Dollar, street rateper $1 | ₦1,375 – ₦1,390checked 15 OctUp 0.5%since 12 Oct | Up 0.5%since 12 Oct | |
| Pound, officialper £1 | ₦1,764.45No changesince 11 Oct | No changesince 11 Oct | |
| Pound, street rateper £1 | ₦1,798 – ₦1,845Down 3.1%since 11 Oct | Down 3.1%since 11 Oct | |
| Euro, officialper €1 | ₦1,490.64No changesince 11 Oct | No changesince 11 Oct | |
| Euro, street rateper €1 | ₦1,519 – ₦1,560Down 3.2%since 11 Oct | Down 3.2%since 11 Oct |
How the price has moved
See the numbers
| Checked | Price | Source |
|---|---|---|
| 16 Oct 2026 | ₦1,334.20 | Central Bank of Nigeria, NFEM closing rate (cbn.gov.ng) |
| 15 Oct 2026 | ₦1,332.75 | Central Bank of Nigeria, NFEM closing rate (cbn.gov.ng) |
| 14 Oct 2026 | ₦1,333 | Central Bank of Nigeria, NFEM closing rate (cbn.gov.ng) |
| 13 Oct 2026 | ₦1,335.50 | Central Bank of Nigeria, NFEM closing rate (cbn.gov.ng) |
| 12 Oct 2026 | ₦1,332.99 | Central Bank of Nigeria, NFEM closing rate (cbn.gov.ng) |
| 9 Oct 2026 | ₦1,332.49 | Central Bank of Nigeria NFEM closing rate (reported by Investors King) |
How these prices are checked
Official rates are the Central Bank of Nigeria's NFEM closing rate for the last completed trading day. Street rates are indicative Lagos parallel-market selling quotes reported by market trackers; they vary by city and dealer.
Every figure here was entered by a NaijaSabi editor together with the date it was checked and where it came from. Earlier checks are kept, so the history is complete. Prices vary between markets and sellers, so treat them as a guide and confirm before you buy.
Sources
- Central Bank of Nigeria, NFEM closing rate (cbn.gov.ng) 5 checks, latest 16 Oct
- Central Bank of Nigeria exchange rates, pound sterling central rate (cbn.gov.ng) 1 check, latest 16 Oct
- Indicative parallel-market quotes: Monierate feed (15 Oct, about N1,798) and a BDC selling quote listed on NgnRates (16 Oct, N1,845) 1 check, latest 16 Oct
- Central Bank of Nigeria exchange rates, euro central rate (cbn.gov.ng) 1 check, latest 16 Oct
- Indicative parallel-market quotes: Monierate feed (15 Oct, about N1,519) and a BDC selling quote listed on NgnRates (16 Oct, N1,560) 1 check, latest 16 Oct
- Bureau de change selling quotes in Lagos, Abuja, Kano and Port Harcourt, as compiled by WithinNigeria (16 Oct 2026) 1 check, latest 15 Oct
- Lagos parallel market, indicative buy–sell quotes (Investors King) 1 check, latest 12 Oct
- CBN official rate, via market-rate aggregator (reported by WithinNigeria) 2 checks, latest 11 Oct
- Open-market selling rate, via market-rate aggregator (reported by WithinNigeria) 2 checks, latest 11 Oct
- Central Bank of Nigeria NFEM closing rate (reported by Investors King) 1 check, latest 9 Oct
