- Dollar To Naira Exchange Rate Today, June 10, 2026
- Official exchange rate remained near ₦1,363 to ₦1,375.
- Naira maintained relative stability amid sustained forex market reforms.
The Nigerian Naira traded within a relatively stable range against the United States Dollar on Wednesday, June 10, 2026, across both the official foreign exchange market and the parallel market.
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EKO HOT BLOG reports that data from the Central Bank of Nigeria (CBN) showed that the official exchange rate remained around the ₦1,360 to ₦1,375 range per dollar in recent trading sessions, reflecting continued efforts to improve liquidity in the foreign exchange market.
| Market | Buying Rate | Selling Rate |
|---|---|---|
| Black Market (Parallel Market) | ₦1,375 | ₦1,385 |
| Official CBN/NFEM Market | ₦1,363 | ₦1,375 |
According to currency traders in the parallel market, the Dollar was bought at approximately ₦1,375 and sold at about ₦1,385 on Tuesday, with rates expected to remain around similar levels on Wednesday, depending on location and transaction volume.
Analysts say the Naira’s recent stability has been supported by improved foreign exchange inflows and ongoing reforms in the official market. However, demand for foreign currency by importers, businesses, and travelers continues to influence movements in the exchange rate.
It is important to note that black market exchange rates may vary across different cities and Bureau De Change operators, while the official rate is determined through the Nigerian Foreign Exchange Market (NFEM) under the supervision of the Central Bank of Nigeria.
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