Dollar-to-Naira exchange rate Today, October 16, 2026: Naira depreciates against USD to end week on negative note

Why This Matters

Key context: <img width="1280" height="720" src="https://dailypost.ng/wp-content/uploads/2026/03/naira-.jpg" class="webfeedsFeaturedVisual wp-post-image" alt="" style="display: block; margin: auto; margin-bottom: 5px;max-width: 100%;" link_thumbnail="" decoding="async" srcset="https://dailypost.ng/wp-content/uploads/2026/03/naira-.jpg 1280w, https://dailypost.ng/wp-content/uploads/2026/03/naira--300x169.jpg 300w, https://dailypost.ng/wp-content/uploads/2026/03/naira--1024x576.jpg 1024w" sizes="(max-width: 1280px) 100vw, 1280px" /><p>The naira depreciated against the United States dollar at the official foreign exchange market on Friday. Central Bank of Nigeria, CBN, data showed that the naira weakened to ₦1,332.26 per dollar on Friday, from ₦1,331.61 recorded on Thursday. This means that, on a day-to-day basis, the naira depreciated by ₦0.65 against the dollar. However, on [&#8230;]</p> <p><a href="https://dailypost.ng/2026/10/16/dollar-to-naira-exchange-rate-today-october-16-2026-naira-depreciates-against-usd-to-end-week-on-negative-note/">Dollar-to-Naira exchange rate Today, October 16, 2026: Naira depreciates against USD to end week on negative note</a></p> This development from dailypost.ng highlights ongoing changes in the sector.