Dollar To Naira Exchange Rate Today, April 29th, 2026

• Dollar To Naira Exchange Rate Today, April 29th, 2026
• Official CBN rates range between ₦1367 and ₦1385
• Gap between markets highlights ongoing forex supply pressure

The naira continues to trade within a stable but pressured range against the United States dollar at both the parallel and official markets, reflecting ongoing demand for foreign exchange.

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EKO HOT BLOG reports that at the black market, also known as the parallel market, the dollar is being traded at an average selling rate of ₦1400 and a buying rate of ₦1390, according to sources from Bureau De Change operators.

Below is a breakdown of the exchange rates across both markets:

Dollar to Naira Black Market Rate Today

Dollar to Naira CBN Rate Today

At the official market, figures from the Central Bank of Nigeria show that the naira traded between ₦1367 and ₦1385 against the dollar, indicating a narrower band compared to the parallel market.

The gap between the official and black market rates persists, reflecting continued pressure on foreign exchange supply and demand dynamics in the Nigerian economy.

The Central Bank has consistently maintained that it does not recognise the black market and has advised individuals and businesses seeking foreign exchange to approach authorised financial institutions.

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