Looking for the latest Dollar to Naira today rate? This page tracks the current US Dollar to Nigerian Naira exchange rate across the parallel market and available official-market references.
Because exchange rates can change during the day, the figures shown below should be treated as current market references rather than guaranteed transaction prices.
Dollar to Naira Black Market Rate Today
The current Dollar to Naira black market rate today is displayed below using the latest values available on DollarToNaira.com.
| Market | Buying Rate | Selling Rate |
|---|---|---|
| Parallel / Black Market | ₦0 | ₦0 |
| Official / CBN Reference | Loading… | Loading… |
How Much Is $1, $10, $100 and $1,000 in Naira Today?
The quick conversions below use the displayed parallel-market selling rate for the US Dollar.
Why Does the Dollar to Naira Rate Change?
The USD/NGN exchange rate can move as demand, supply and liquidity conditions change. Factors such as foreign-exchange availability, importer demand, oil-market conditions, inflation expectations and monetary policy can influence the Naira.
Parallel-market quotations can also vary slightly between locations such as Lagos, Abuja, Kano and Port Harcourt, as well as between individual dealers and transaction sizes.
Black Market Rate vs Official Dollar to Naira Rate
The parallel-market rate and the rate available through official banking or authorised foreign-exchange channels may not be identical.
Banks and authorised providers can apply different spreads, charges, transaction requirements and settlement conditions.
For a dedicated live USD/NGN dashboard and currency converter, visit our Dollar to Naira page.
Other Naira Exchange Rates
You can also compare other major currencies against the Nigerian Naira on DollarToNaira.com.
Frequently Asked Questions
What is the Dollar to Naira black market rate today?
The latest displayed parallel-market buying and selling rates are shown in the table above and may change as market conditions move.
What is the official Dollar to Naira rate today?
The available official-market reference is shown alongside the parallel-market rate above.
Why is the black market rate different from the official rate?
The two markets can have different demand, supply, liquidity, access conditions and transaction requirements.
Can the Dollar to Naira rate change during the day?
Yes. Exchange rates can move during the day as market conditions and foreign-currency demand change.