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Tuesday, July 28, 2026

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US Dollar to Nigerian Naira

USD/NGN exchange rate verdict

1 USD equals
1364
NGN
-0.19%
Today's Verdict
⏸️HOLD / WAIT
  • Rate is near the 30-day low — unfavorable timing
  • Rate dipped 0.19% — minor decline
  • 7-day downward trend of 0.95% — rate deteriorating

📈 30-Day Rate Chart — US Dollar to Nigerian Naira

📊 What Happened

The Naira showed a slight strengthening against the Dollar today, moving from 1366.59 to 1364.03. This minor shift could be influenced by ongoing efforts from Nigeria's central bank to manage currency stability or a subtle increase in the availability of dollars within the local market. Such small movements often reflect a delicate balance of supply and demand dynamics without a major external catalyst.

🔮 Short-Term Outlook

With today's "HOLD" verdict and minimal change, the exchange rate is likely to remain relatively stable over the next few days. Keep an eye on any potential policy statements from Nigeria's central bank, as these could introduce more significant movements.

📋 Rate Details

Current Rate1 USD = 1,364 NGN
Previous Close1,367 NGN
Daily Change-0.19%
30-Day High1,383 NGN
30-Day Low1,364 NGN
30-Day Range Position0%

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