- Dollar To Naira Exchange Rate Today, March 26, 2026
- Official rates range between ₦1,376 and ₦1,391
- Forex demand pressure continues to affect exchange stability
The Dollar to Naira exchange rate remained relatively stable across both the parallel and official markets on March 26, 2026, reflecting ongoing adjustments in Nigeria’s foreign exchange landscape.
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EKO HOT BLOG reports that at the black market, also known as the parallel market, the naira traded at ₦1,410 per dollar for selling and ₦1,398 per dollar for buying. This indicates continued pressure on the local currency despite efforts to stabilise the foreign exchange system.
In the official market, rates released by the Central Bank of Nigeria showed slight variations within a controlled range.
| Dollar to Naira (USD to NGN) | Rate |
|---|---|
| Black Market Selling Rate | ₦1,410 |
| Black Market Buying Rate | ₦1,398 |
| CBN Highest Rate | ₦1,391 |
| CBN Lowest Rate | ₦1,376 |
The gap between the official and black market rates highlights persistent demand for foreign currency outside the regulated system. Analysts note that limited dollar supply, import demand, and global market conditions continue to influence exchange rate movements.
Recent fluctuations in global oil prices and Nigeria’s foreign reserves position are also contributing factors shaping market behaviour. While authorities have maintained interventions to stabilise the naira, traders remain cautious amid uncertainty.
Market watchers expect gradual adjustments in the coming weeks as monetary policies and external economic factors continue to play out.
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