Dollar to Naira exchange rate today, April 29, 2026

The Nigerian naira maintained relative stability against the US dollar on April 29, 2026, trading at around ₦1,360 per dollar in the official market. In the parallel market, the naira traded between ₦1,400 and ₦1,480 due to higher demand for foreign currency. The gap between official and parallel rates persists, driven by unmet dollar demand from importers and travelers. This situation reflects a delicate balance in the foreign exchange market, with stability at the official level despite pressure in the informal segment.