Dollar to Naira exchange rate Today, April 16, 2026: Nigerian currency records first depreciation

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The Naira connected Friday depreciated against the dollar astatine the authoritative overseas speech marketplace to extremity the rally and week connected a antagonistic note.

The Central Bank of Nigeria’s information showed that the Naira weakened connected Friday to N1,343.64 per dollar, down from N1,342.30 recorded connected Thursday.

This means that connected a day-to-day ground it dropped by N1.34 against the dollar. DAILY POST reports that this is the archetypal nonaccomplishment the section currency had aft 4 days of rallying against the dollar this week.

However, astatine the achromatic market, the Naira remained astatine N1410 per dollar according to aggregate Bureau de Change operators successful Wuse Zone 4 passim the week nether review.

This comes arsenic the country’s overseas reserves stood astatine $48.65 cardinal arsenic of April 16th, 2026.

Dollar to Naira speech complaint Today, April 16, 2026: Nigerian currency records archetypal depreciation

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