Dollar to Naira Exchange Rate on April 12, 2026

On April 12, 2026, the dollar to naira exchange rate was reported, highlighting a black market rate of 1,409 naira for one dollar. The swap dollar to naira exchange rate was noted at 1,393 naira.

The article emphasizes that the parallel market is not recognized by the official banking system, and individuals seeking to engage in currency exchange should approach banks directly. The information reflects the ongoing dynamics of currency exchange in Nigeria, particularly the disparity between official and black market rates.