Dollar to Naira Exchange Rate on May 9, 2026

On May 9, 2026, the exchange rate for the dollar to naira in Nigeria shows a black market rate of 1,395 naira per dollar, with the swap rate slightly lower at 1,385 naira. This information was reported on May 8, 2026.

It is important to note that the Central Bank of Nigeria does not recognize the parallel market, which operates independently of official rates. Individuals looking to engage in currency exchange are advised to approach the banks directly, as the Central Bank maintains a stance against the parallel market's operations.