- Dollar To Naira Exchange Rate Today, February 26, 2026
- CBN official rate ranges between ₦1353 and ₦1361
- Forex demand continues to pressure the naira
The Dollar to Naira exchange rate remained under pressure on Wednesday, February 26, 2026, as demand for foreign exchange continued to outpace supply across both official and parallel markets.
In the black market, also known as the parallel market, the dollar traded at ₦1390 per dollar for selling and ₦1370 per dollar for buying. The spread reflects sustained demand from importers and individuals seeking forex outside official channels.
Dollar To Naira Black Market Rate Today
| Dollar to Naira (USD to NGN) | Black Market Exchange Rate Today |
|---|---|
| Selling Rate | ₦1390 |
| Buying Rate | ₦1370 |
At the official window, the Central Bank of Nigeria rates showed the dollar trading between ₦1353 and ₦1361.
Dollar To Naira CBN Rate Today
| Dollar to Naira (USD to NGN) | CBN Rate Today |
|---|---|
| Highest Rate | ₦1361 |
| Lowest Rate | ₦1353 |
The gap between the official and black market rates highlights continued volatility in Nigeria’s foreign exchange market. Analysts attribute the movement to ongoing liquidity challenges, external debt obligations, and sustained demand for imports.
Market watchers expect short term fluctuations as monetary authorities continue efforts to stabilise the naira and improve dollar supply into the system.
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