The Dollar to Naira today, September 11, 2026, remains one of the most searched exchange-rate topics in Nigeria as individuals, businesses, travellers and importers continue to monitor movements in the official and parallel foreign-exchange markets.
For today, indicative parallel-market data shows the US Dollar around ₦1,380 buying and ₦1,390 selling, while the latest official Nigerian Foreign Exchange Market reference is around ₦1,329.44 per US Dollar.
Dollar to Naira Black Market Rate Today
The parallel market, often called the black market, can quote a different Dollar to Naira rate from the official foreign-exchange market. Rates may also vary between Abuja, Lagos, Kano, Port Harcourt and other locations.
| Market | Buying Rate | Selling Rate |
|---|---|---|
| Parallel Market | ₦1,380 | ₦1,390 |
| Official/NFEM Reference | About ₦1,329.44/$1 | |
Note: Parallel-market figures are indicative and may change by dealer, location, transaction size and time of day.
How Much Is $100 in Naira Today?
Using the indicative parallel-market selling rate of ₦1,390/$1, $100 would be approximately ₦139,000.
Dollar to Naira Official Rate Today
The latest official Nigerian Foreign Exchange Market reference reported for today is around ₦1,329.44 per US Dollar.
This means the parallel-market selling rate of ₦1,390 is roughly ₦60.56 higher than the official reference rate. The difference is approximately 4.6%.
Why Is the Black Market Rate Different from the Official Rate?
The two markets operate under different supply and demand conditions. Access to foreign currency through official channels, demand for dollars, market liquidity, import payments, travel demand and expectations about the Naira can all influence the parallel-market rate.
This is why the price quoted by an individual dealer may not be exactly the same as another quotation obtained elsewhere.
What Is Affecting the Naira Today?
Demand from importers, travellers and businesses can increase pressure on the exchange rate.
Improved availability of foreign currency can help reduce pressure on the Naira.
Foreign-exchange reforms and liquidity measures can influence expectations across both official and parallel markets.
Changes in the strength of the US Dollar internationally can also influence emerging-market currencies.
Dollar to Naira Conversion Table Today
| US Dollars | Naira at ₦1,390/$ |
|---|---|
| $10 | ₦13,900 |
| $20 | ₦27,800 |
| $50 | ₦69,500 |
| $100 | ₦139,000 |
| $200 | ₦278,000 |
| $500 | ₦695,000 |
| $1,000 | ₦1,390,000 |
Is the Dollar Rising or Falling Against the Naira?
Recent parallel-market data suggests the Dollar has been relatively stable around the ₦1,390 selling level, although short-term movements can occur quickly. Earlier in September, the parallel-market selling rate was reported around ₦1,405 before moving closer to ₦1,390.
Readers should therefore check the latest quotation before making any currency-related decision.
Related Exchange Rate Updates
Frequently Asked Questions
How much is 1 Dollar to Naira today?
The indicative parallel-market selling rate used in this update is around ₦1,390 per US Dollar, while the latest official/NFEM reference is about ₦1,329.44 per Dollar.
How much is $100 in Naira today?
At ₦1,390 per Dollar, $100 is approximately ₦139,000.
How much is $500 in Naira today?
At ₦1,390 per Dollar, $500 is approximately ₦695,000.
How much is $1,000 in Naira today?
At ₦1,390 per Dollar, $1,000 is approximately ₦1,390,000.
Is the black market rate the same everywhere in Nigeria?
No. Parallel-market rates can vary by location, dealer, transaction size and market conditions.