The Nigerian naira traded within a relatively narrow range against the United States dollar in the official foreign exchange market on Thursday, July 30, 2026.
The dollar opened at about ₦1,365.69 before the naira strengthened slightly during early trading. The exchange rate moved between ₦1,356.61 and ₦1,361.25 during the session, while the reported official rate stood at approximately ₦1,358.63 per dollar.
Dollar to Naira rate today
| Market indicator | Rate on July 30, 2026 |
|---|---|
| Dollar to naira reported rate | ₦1,358.63/$1 |
| Opening rate | ₦1,365.69/$1 |
| Early trading low | ₦1,356.61/$1 |
| Early trading high | ₦1,361.25/$1 |
The figures indicate limited movement in the naira-dollar exchange rate during the early part of Thursday’s trading. Market participants continued to monitor dollar demand and liquidity as trading progressed.
Demand from importers, businesses and companies making international payments remained among the factors influencing activity in the foreign exchange market.
The relative stability of the naira also comes amid efforts to improve liquidity and maintain orderly conditions in the foreign exchange market. Traders and corporate buyers are expected to continue watching dollar availability and market demand for possible changes in the exchange rate.
For individuals and businesses that require foreign currency, the daily dollar rate remains important because movements in the naira can affect the cost of imports, international payments and other dollar-related transactions.
As trading continues, market participants will be watching whether the naira maintains its current level or records further movement against the dollar.
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