- Dollar To Naira Exchange Rate Today, February 27th, 2026
- Official rate ranges between ₦1356 and ₦1362
- Exchange rate gap persists across markets
The Dollar to Naira exchange rate remained a major focus for traders and businesses on Thursday, February 27, 2026, as both the parallel market and official rates recorded slight variations.
At the black market, the Naira traded at ₦1380 per dollar for selling and ₦1360 per dollar for buying, reflecting continued pressure in the informal foreign exchange segment.
Below is a breakdown of the official and parallel market rates for today:
| Dollar to Naira (USD to NGN) | Rate Type | Amount |
|---|---|---|
| Black Market Selling Rate | Selling | ₦1380 |
| Black Market Buying Rate | Buying | ₦1360 |
| CBN Highest Rate | Official | ₦1362 |
| CBN Lowest Rate | Official | ₦1356 |
At the official market, data from the Central Bank window showed the highest rate at ₦1362 and the lowest at ₦1356. The gap between the black market and official window continues to influence currency demand patterns across the country.
Market analysts say fluctuations in supply, demand pressures and external reserves remain key drivers of exchange rate movement. Businesses involved in importation and international transactions are advised to monitor daily updates before concluding deals.
The Dollar to Naira rate remains dynamic and may change based on market forces
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