- Dollar To Naira Exchange Rate Today, 23rd June 2026
- The naira traded between ₦1,365 and ₦1,375 at the official market.
- Exchange rates continue to vary based on market demand and supply.
The Dollar to Naira exchange rate remained a key focus for traders and businesses on Tuesday, June 23, 2026, as activity continued across the official and parallel foreign exchange markets.
According to Bureau De Change (BDC) operators in Lagos, the naira traded at ₦1,395 per dollar for selling transactions and ₦1,385 per dollar for buying transactions in the black market, popularly known as the parallel market.
- Dollar To Naira Exchange Rate Today
| Dollar to Naira (USD to NGN) | Black Market Rate |
|---|---|
| Selling Rate | ₦1,395 |
| Buying Rate | ₦1,385 |
The Central Bank of Nigeria (CBN) continues to maintain that the parallel market is not recognised as an official foreign exchange trading platform and has advised individuals seeking foreign exchange transactions to use authorised banking channels.
- Dollar To Naira CBN Rate Today
| Dollar to Naira (USD to NGN) | CBN Rate |
|---|---|
| Highest Rate | ₦1,375 |
| Lowest Rate | ₦1,365 |
The gap between the official and parallel market rates highlights the continued demand for foreign exchange in the country. Market analysts say exchange rates may fluctuate depending on supply and demand conditions, economic developments and foreign exchange liquidity levels.
It is important to note that foreign exchange rates vary across locations and dealers. As a result, the rates at which individuals buy or sell dollars may differ slightly from those quoted in this report.
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