- Dollar To Naira Exchange Rate Today, March 19, 2026
- Official CBN rates remain lower despite persistent foreign exchange pressure
- Wide gap between markets reflects ongoing currency challenges in Nigeria
The exchange rate between the United States Dollar and the Nigerian Naira remained volatile on Thursday, March 19, 2026, with noticeable differences between the parallel market and the official window.
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EKO HOT BLOG reports in the black market, also known as the parallel market, the naira weakened further against the dollar due to sustained demand pressure and limited foreign exchange supply. Traders reported that the dollar was sold at a higher rate compared to previous days, reflecting ongoing instability in the informal market.
At the official window regulated by the Central Bank of Nigeria, the naira traded at relatively lower rates compared to the parallel market. The official figures showed a tighter band, indicating efforts by monetary authorities to stabilise the currency despite external pressures.
The gap between the black market and the official rate continues to highlight persistent foreign exchange challenges in Nigeria. Analysts say factors such as low dollar inflows, import demand, and economic uncertainty are contributing to the pressure on the naira.
Dollar to Naira Black Market Rate Today
| Dollar to Naira (USD to NGN) | Black Market Exchange Rate Today |
| Selling Rate | ₦1430 |
| Buying Rate | ₦1412 |
Dollar to Naira CBN Rate Today
| Dollar to Naira (USD to NGN) | CBN Rate Today |
| Highest Rate | ₦1362 |
| Lowest Rate | ₦1349 |
Market watchers expect fluctuations to continue in the coming days as the Central Bank intensifies interventions and global economic conditions evolve.
