Dollar to Naira exchange rate today, August 5, 2026: Nigerian naira records first depreciation against US dollar

Why This Matters

Key context: <img width="900" height="506" src="https://dailypost.ng/wp-content/uploads/2024/02/Naira.jpg" class="webfeedsFeaturedVisual wp-post-image" alt="" style="display: block; margin: auto; margin-bottom: 5px;max-width: 100%;" link_thumbnail="" decoding="async" loading="lazy" srcset="https://dailypost.ng/wp-content/uploads/2024/02/Naira.jpg 900w, https://dailypost.ng/wp-content/uploads/2024/02/Naira-300x169.jpg 300w" sizes="auto, (max-width: 900px) 100vw, 900px" /><p>The naira recorded its first depreciation against the US dollar at the official foreign exchange market on Wednesday. Data from the Central Bank of Nigeria (CBN) showed that the naira weakened to N1,363.85/$1 on Wednesday from N1,362.55/$1 recorded on Tuesday. This means that, on a day-to-day basis, the naira depreciated by N1.30 against the dollar, [&#8230;]</p> <p><a href="https://dailypost.ng/2026/08/05/dollar-to-naira-exchange-rate-today-august-5-2026-nigerian-naira-records-first-depreciation-against-us-dollar/">Dollar to Naira exchange rate today, August 5, 2026: Nigerian naira records first depreciation against US dollar</a></p> This development from dailypost.ng highlights ongoing changes in the sector.