Today's USD to NGN Price Update

fomo_fighter · 2026-02-15T07:00:29+00:00

This report analyzes the USD/NGN exchange rate, highlighting current market dynamics, technical levels, and trading opportunities for traders to consider while remaining cautious of volatility.

fomo_fighter

2026-02-15 07:00:29

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Summary

This report provides the real-time exchange rate between the U.S. Dollar (USD) and Nigerian Naira (NGN), helping traders quickly grasp market dynamics and identify potential trading opportunities.

Definition

The U.S. Dollar (USD) is one of the world’s most dominant fiat currencies, while the Nigerian Naira (NGN) is the official currency of Nigeria. The exchange rate between them reflects market sentiment regarding currency strength, capital flows, and economic conditions affecting both economies.

Today’s Price

1 USD = 1,353.11 NGN (as of February 15, 2026, 07:00:20 UTC)
24h High: 1,355.79 NGN
24h Low: 1,352.52 NGN

Market Analysis

The USD/NGN pair exhibits notable volatility within a defined trading range, reflecting ongoing currency market dynamics.

Technical levels: Daily support at 1,385.33 NGN, daily resistance at 1,395.73 NGN. Short-term support and resistance levels identified at 1,390.77 NGN and 1,413.45 NGN respectively
Technical outlook: Based on ICT concepts and technical analysis, the pair shows potential for retracement toward 1,327.50 NGN
Risk note: The pair currently holds several negative signals; traders should exercise caution and monitor key technical levels closely
Trading opportunities: Watch for potential retracement opportunities and consider support/resistance breakouts as confirmation signals

Conclusion

Continue to monitor the USD/NGN pair closely, integrating technical analysis with market sentiment. Focus on key support and resistance levels to identify potential entry and exit points, and remain alert to any shifts in market structure that could signal new trading directions.

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