- Dollar To Naira Exchange Rate Today, February 25, 2026
- CBN official rate ranges between ₦1351 and ₦1362
- Exchange rate volatility persists amid forex demand pressure
The Dollar to Naira exchange rate remained volatile across both the parallel market and the official window on Tuesday, reflecting continued pressure on the foreign exchange market.
At the black market, also known as the parallel market, the Dollar traded at ₦1,370 for selling and ₦1,350 for buying, according to currency dealers in major hubs across the country.
Black Market Rate
| Dollar to Naira (USD to NGN) | Black Market Rate |
|---|---|
| Selling Rate | ₦1370 |
| Buying Rate | ₦1350 |
At the official window, data from the Central Bank of Nigeria showed that the Dollar traded between ₦1,351 and ₦1,362 during the session.
CBN Official Rate
| Dollar to Naira (USD to NGN) | CBN Rate |
|---|---|
| Highest Rate | ₦1362 |
| Lowest Rate | ₦1351 |
The slight gap between the official and parallel market rates continues to influence demand patterns, particularly among importers and small scale traders seeking faster access to foreign exchange.
Currency analysts say fluctuations are driven by demand pressures, liquidity levels and broader macroeconomic conditions.
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