- Dollar To Naira Exchange Rate Today, June 25, 2026
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Black market buying rate stood at ₦1,385 per dollar.
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CBN official rate ranged between ₦1,368 and ₦1,392.
The exchange rate between the United States Dollar and the Nigerian Naira remained relatively stable at the parallel market, commonly known as the black market, on Wednesday, June 25, 2026.
According to sources at the Lagos Bureau De Change market, traders sold one United States Dollar for ₦1,400 and bought at ₦1,385 during trading activities on Wednesday.
Dollar To Naira Exchange Rate Today
| Dollar to Naira (USD to NGN) | Black Market Rate |
|---|---|
| Buying Rate | ₦1,385 |
| Selling Rate | ₦1,400 |
The black market continues to serve as an alternative source of foreign exchange for many Nigerians despite repeated warnings from the Central Bank of Nigeria (CBN) against patronising the parallel market.
Dollar To Naira CBN Official Rate
| Dollar to Naira (USD to NGN) | CBN Rate |
| Highest Rate | ₦1,392 |
| Lowest Rate | ₦1,368 |
The Central Bank of Nigeria does not recognise the parallel market and has consistently advised individuals and businesses seeking foreign exchange to obtain it through authorised financial institutions and commercial banks.
It is important to note that foreign exchange rates may vary depending on location, demand, transaction volume and individual Bureau De Change operators. As a result, the actual rates at which buyers and sellers trade currencies may differ slightly from those quoted in this report.
