Dollar To Naira Exchange Rate Today, June 13, 2026

Dollar To Naira Exchange Rate Today, June 13, 2026
Buying rate stood at ₦1,396 on Saturday.
CBN official rate ranged between ₦1,362 and ₦1,365.

The Dollar to Naira exchange rate at the Nigerian black market, also known as the parallel market, remained a key focus for traders, businesses and individuals seeking foreign exchange on Saturday, June 13, 2026.

Contents

Dollar To Naira Exchange Rate Today
Dollar To Naira CBN Rate Today

FURTHER READING

According to Bureau De Change (BDC) operators in Lagos, the United States Dollar exchanged at an average selling rate of ₦1,409 and a buying rate of ₦1,396 in the parallel market.

Dollar To Naira Exchange Rate Today

Dollar to Naira (USD to NGN)	Black Market Rate
Buying Rate	₦1,396
Selling Rate	₦1,409

Meanwhile, data from the Central Bank of Nigeria (CBN) showed that the official exchange rate traded within a range of ₦1,362 to ₦1,365 per dollar.

Dollar To Naira CBN Rate Today

Dollar to Naira (USD to NGN)	CBN Rate
Highest Rate	₦1,365
Lowest Rate	₦1,362

The gap between the official market and the parallel market continues to reflect strong demand for foreign exchange outside official channels. Many businesses and individuals still rely on the black market to meet their forex needs due to limited access to foreign currency through official sources.

However, the Central Bank of Nigeria does not recognise the parallel market and has consistently advised Nigerians seeking foreign exchange transactions to use authorised financial institutions and commercial banks.

Exchange rates in the black market may vary depending on location, transaction volume and prevailing market conditions. Traders are therefore advised to confirm rates with dealers before carrying out transactions.

As foreign exchange demand remains high, analysts expect the Naira to continue responding to market forces, government policies and developments in Nigeria’s external reserves and foreign currency inflows.