- Dollar To Naira Exchange Rate Today, April 19, 2026
- CBN rates ranged between ₦1340 and ₦1348 officially
- Forex demand and supply gaps continue to pressure naira
The naira recorded slight stability against the United States dollar at the parallel market on Saturday, April 19, 2026, as demand pressures remained relatively controlled.
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EKO HOT BLOG reports that at the black market, also known as the parallel market, the dollar traded at ₦1400 for selling and ₦1390 for buying. This reflects marginal movement compared to previous sessions, with traders noting moderate demand from importers and individuals seeking foreign exchange for personal and business needs.
| Dollar to Naira (USD to NGN) | Black Market Exchange Rate Today |
|---|---|
| Selling Rate | ₦1400 |
| Buying Rate | ₦1390 |
At the official market, rates published by the Central Bank of Nigeria showed a highest rate of ₦1348 and a lowest rate of ₦1340. The gap between the official and parallel market rates continues to reflect ongoing pressure in Nigeria’s foreign exchange market.
| Dollar to Naira (USD to NGN) | CBN Rate Today |
|---|---|
| Highest Rate | ₦1348 |
| Lowest Rate | ₦1340 |
Economic analysts say the disparity between both markets is driven by limited dollar supply through official channels and sustained demand across key sectors of the economy.
Despite efforts by the Central Bank to stabilise the naira, fluctuations persist, with stakeholders calling for improved forex liquidity and policy consistency to narrow the gap.
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