- Dollar To Naira Exchange Rate Today, June 20, 2026
- Black market buying rate stood at ₦1,396 per Dollar.
- CBN official rate ranged between ₦1,365 and ₦1,374.
The Nigerian Naira traded against the United States Dollar at varying rates across the black market and official foreign exchange market on Saturday, June 20, 2026.
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EKO HOT BLOG reports that according to market sources, the Dollar exchanged at ₦1,406 per Dollar at the parallel market for selling transactions, while the buying rate stood at ₦1,396 per Dollar.
The latest exchange rates are outlined below:
| Dollar to Naira (USD to NGN) | Black Market Rate Today |
|---|---|
| Selling Rate | ₦1,406 |
| Buying Rate | ₦1,396 |
Meanwhile, data from the Central Bank of Nigeria (CBN) showed that the Dollar traded within a range of ₦1,365 to ₦1,374 in the official foreign exchange market.
| Dollar to Naira (USD to NGN) | CBN Rate Today |
|---|---|
| Highest Rate | ₦1,374 |
| Lowest Rate | ₦1,365 |
The gap between the official and parallel market rates continues to reflect the demand and supply dynamics within Nigeria’s foreign exchange market. While the CBN maintains its efforts to improve liquidity and stabilise the Naira, many individuals and businesses still rely on the parallel market to meet their foreign currency needs.
Foreign exchange rates may vary slightly depending on location, transaction volume, and the source of purchase.
Disclaimer: Exchange rates are subject to change throughout the day based on market conditions. Individuals and businesses are advised to confirm prevailing rates before conducting foreign exchange transactions.
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