- Dollar to Naira Exchange Rate Today, July 7, 2026
- CBN official exchange rate ranged between ₦1,366 and ₦1,371.
- Exchange rates may vary across dealers and locations.
The Nigerian Naira traded at different rates across the official and parallel markets on Tuesday, July 7, 2026.
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EKO HOT BLOG reports that at the black market, also known as the parallel market, the US Dollar exchanged at ₦1,415 per dollar for selling and ₦1,402 per dollar for buying.
The official market, based on the Central Bank of Nigeria (CBN) rates, recorded the dollar trading between ₦1,366 and ₦1,371.
| Market | Buying Rate | Selling Rate |
|---|---|---|
| Black Market | ₦1,402 | ₦1,415 |
| CBN Official Market | ₦1,366 (Lowest) | ₦1,371 (Highest) |
The difference between the official and parallel market rates continues to reflect demand and supply dynamics in Nigeria’s foreign exchange market. Exchange rates may vary slightly depending on location, dealer and transaction volume.
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