Naira depreciates to N1,362.8397 to dollar at official market Tuesday

Lagos, June 17, 2026 – The Nigerian currency, Naira, depreciated slightly at the official foreign exchange market on Tuesday at the official rate stood at 1,362.8397 to the dollar.

The rate was N1,356.2704 to the dollar on Monday.

Bid rates quoted by dealers at the market on Tuesday ranged between N1,361 and N1,365.50 to the dollar.

Meanwhile, the naira is being traded at the black market in Lagos at between N1,395 and N1,405 to the dollar.

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