- Dollar To Naira Exchange Rate Today, February 23rd, 2026
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CBN official rate ranges between ₦1343 and ₦1349.
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Exchange rate gap reflects ongoing forex demand pressures.
The Dollar to Naira exchange rate remains a key focus for businesses, importers, students paying foreign fees, and Nigerians monitoring inflation trends. As of today, February 23rd, 2026, the naira continues to trade differently across the parallel market and the official Central Bank of Nigeria window.
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EKO HOT BLOG reports that
In the black market, also known as the parallel market, the dollar is being traded at ₦1330 for selling and ₦1315 for buying. Rates in this segment are largely driven by demand and supply pressures, especially from importers and individuals seeking foreign exchange outside official channels.
Below is the detailed breakdown of today’s exchange rates:
Dollar to Naira Black Market Rate Today
| Dollar to Naira (USD to NGN) | Black Market Exchange Rate Today |
|---|---|
| Selling Rate | ₦1330 |
| Buying Rate | ₦1315 |
Dollar to Naira CBN Rate Today
| Dollar to Naira (USD to NGN) | CBN Rate Today |
|---|---|
| Highest Rate | ₦1349 |
| Lowest Rate | ₦1343 |
At the official window, the Central Bank of Nigeria recorded the highest rate at ₦1349 and the lowest rate at ₦1343. The gap between official and parallel market rates continues to reflect ongoing liquidity and demand challenges within the foreign exchange market.
Economic analysts note that exchange rate movements remain sensitive to foreign reserve levels, oil revenue performance, and policy interventions by monetary authorities.
Stakeholders are advised to confirm rates with their banks or trusted Bureau De Change operators before carrying out transactions, as rates may vary slightly depending on location and volume.
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