The US dollar to naira exchange rate remains a key focus for Nigerians today, Monday, August 31, 2026.

The naira opened the new trading week around the ₦1,300-per-dollar range in the official market.

The latest Nigerian Foreign Exchange Market (NFEM) data showed a closing rate of about ₦1,337.29 for $1 at the end of Friday’s trading session.

In the parallel market, the dollar was being bought for around ₦1,400 and sold for about ₦1,410 as of August 31. Rates may vary depending on location, demand and market conditions.

Meanwhile, live international currency data places the USD/NGN rate around ₦1,346.78 to $1.

Market| Dollar Rate official NFEM closing rate| ₦1,337.29/$1Parallel market buying rate| ₦1,400/$1Parallel market selling rate| ₦1,410/$1

Exchange rates can change throughout the day. Readers should confirm the latest rate before carrying out any transaction.