- Dollar To Naira Exchange Rate Today, February 21, 2026
- CBN highest rate stood at ₦1351.
- Exchange rate gap remained relatively narrow Saturday.
The Dollar to Naira exchange rate remained a key focus for traders and businesses on Saturday, February 21, 2026, as demand for foreign exchange persisted across official and parallel market windows.
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EKO HOT BLOG reports that at the black market, also known as the parallel market, the Naira traded at ₦1352 per dollar for selling and ₦1338 per dollar for buying. Currency dealers attributed the slight movement to weekend demand pressures and limited supply.
Below is the breakdown of today’s exchange rates:
| Dollar to Naira (USD to NGN) | Rate Type | Amount |
|---|---|---|
| Black Market | Selling Rate | ₦1352 |
| Black Market | Buying Rate | ₦1338 |
| CBN Official Market | Highest Rate | ₦1351 |
| CBN Official Market | Lowest Rate | ₦1334 |
At the official market window monitored by the Central Bank of Nigeria, the highest recorded rate stood at ₦1351, while the lowest rate was ₦1334. The narrow margin between the official and parallel market rates suggests relative stability in the foreign exchange market.
Analysts say exchange rate movements continue to reflect liquidity levels, foreign reserve positions, and capital inflows. Import dependent businesses are advised to confirm prevailing rates before concluding transactions, as intra day fluctuations may occur.
Market observers expect further clarity next week as trading activity resumes fully.
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