- Dollar To Naira Exchange Rate Today, March 23, 2026
- Official CBN rate ranges between ₦1349 and ₦1362
- Forex demand and supply continue to influence exchange rate
The naira continues to trade within a narrow range against the United States dollar across both the official and parallel markets, reflecting ongoing pressure in Nigeria’s foreign exchange market.
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EKO HOT BLOG reports that data from recent market trends shows that the black market rate remains around the ₦1,400 range, while the official rate by the Central Bank of Nigeria hovers slightly lower, maintaining a gap between both segments.
Currency traders across major cities such as Lagos, Abuja, and Kano indicate that demand for dollars from importers and travellers continues to influence the exchange rate in the parallel market.
Dollar to Naira Black Market Rate Today
| Dollar to Naira (USD to NGN) | Black Market Exchange Rate Today |
|---|---|
| Selling Rate | ₦1410 |
| Buying Rate | ₦1395 |
The black market rate remains largely driven by demand and supply dynamics, with dealers quoting around ₦1,400 per dollar in recent days.
Dollar to Naira CBN Rate Today
| Dollar to Naira (USD to NGN) | CBN Rate Today |
|---|---|
| Highest Rate | ₦1362 |
| Lowest Rate | ₦1349 |
At the official window, the naira trades between ₦1,349 and ₦1,362 per dollar, consistent with recent figures recorded in the Nigerian Foreign Exchange Market.
The gap between the official and parallel market rates highlights continued forex supply constraints, despite ongoing reforms aimed at stabilising the currency.
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