The Nigerian naira is trading around ₦1,349.06 to the US dollar on Friday, August 21, 2026, according to the latest available live USD/NGN indication.
At the Nigerian Foreign Exchange Market (NFEM), the dollar was recently quoted at about ₦1,344.45, based on the latest available official-market indication from Thursday. The Central Bank of Nigeria (CBN) says the NFEM rate is derived using a volume-weighted average of transactions and serves as the official exchange rate for the day.
The latest live USD/NGN rate puts the dollar at approximately ₦1,349.06 as of the early hours of Friday, indicating that the naira remains within the ₦1,300 range against the greenback.
In the parallel market, the dollar is selling for about ₦1,405 on Friday, according to the latest Aboki Forex indication. The platform’s August 21 quote puts the black-market selling rate at ₦1,405 per dollar.
The parallel-market rate is therefore about ₦56 above the latest ₦1,349.06 live official-market indication. Using the latest confirmed NFEM figure of ₦1,344.45, the gap between the official and parallel markets is about ₦60 per dollar.
Recent trading has shown relative strength for the naira in the official market. The currency rose to ₦1,343.32 per dollar on August 18, with market reports attributing the improvement partly to stronger dollar liquidity.
The naira’s performance has also remained relatively stable in the parallel market, where the dollar moved from around ₦1,410 on August 19 to about ₦1,404 on August 20 before the latest ₦1,405 indication for Friday.
For Nigerians needing dollars for international travel, school fees, imports, subscriptions, remittances and other foreign-currency transactions, the actual rate available may differ depending on the bank, Bureau de Change operator, location and transaction size.
The dollar-to-naira exchange rate can change during the day as demand, supply and liquidity conditions shift across both the official and parallel markets.
The post Dollar to Naira exchange rate today, August 21, 2026 appeared first on Vanguard News.