- Dollar To Naira Exchange Rate Today, June 18, 2026
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Dollar buying rate stood at ₦1,392 on Thursday.
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CBN exchange rate ranged between ₦1,357 and ₦1,361.
The Dollar to Naira exchange rate in the parallel market, popularly known as the black market, remained relatively stable on Thursday, June 18, 2026, as demand for foreign exchange continued across major trading hubs in Nigeria.
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EKO HOT BLOG reports that currency traders exchanged the United States Dollar at an average selling rate of ₦1,401 and a buying rate of ₦1,392 in the black market.
The official market also recorded slight movements, with the Central Bank of Nigeria (CBN) exchange rate ranging between ₦1,357 and ₦1,361 per dollar.
| Dollar to Naira (USD to NGN) | Black Market Rate |
|---|---|
| Buying Rate | ₦1,392 |
| Selling Rate | ₦1,401 |
| Dollar to Naira (USD to NGN) | CBN Official Rate |
|---|---|
| Highest Rate | ₦1,361 |
| Lowest Rate | ₦1,357 |
The difference between the parallel market and the official market highlights the continued gap between both exchange windows. While the CBN rate remains lower, many individuals and businesses still rely on the black market to meet foreign exchange demands.
Exchange rates may vary slightly depending on location, transaction volume and individual currency dealers. Analysts continue to monitor developments in Nigeria’s foreign exchange market as authorities push measures aimed at improving liquidity and stabilising the naira.
Market participants are advised to confirm prevailing rates from authorised dealers and financial institutions before carrying out foreign exchange transactions.
