The naira strengthened against the US dollar at the Nigerian Foreign Exchange Market (NFEM), appreciating by 0.07% to N1,331.61/$ on Thursday, October 15, 2026, from N1,332.59/$ recorded on Wednesday.
Data from the Central Bank of Nigeria (CBN) showed that the local currency gained N0.98 against the dollar, extending its movement at the official foreign exchange market.
The dollar traded at a high of N1,333.50 and a low of N1,327.00, while the closing rate stood at N1,332.75/$. Total turnover at the NFEM reached $576.98 million, reflecting the volume of transactions recorded during the trading session.
CBN Exchange Rates for Major Currencies
The CBN’s exchange-rate data for October 15 showed the dollar’s central rate at N1,331.11, with buying and selling rates of N1,330.61 and N1,331.61, respectively.
The pound sterling traded at a central rate of N1,763.59, with a selling rate of N1,764.26, while the euro’s central rate stood at N1,489.92 and its selling rate at N1,490.48.
The Swiss franc was quoted at a central rate of N1,607.63 and a selling rate of N1,608.23. The Chinese yuan recorded a central rate of N198.94, with a selling rate of N199.01.
Meanwhile, the UAE dirham had a central rate of N362.42 and a selling rate of N362.56, while the Saudi riyal’s central rate stood at N354.70 and its selling rate at N354.83.
