- Dollar To Naira Exchange Rate Today, July 17, 2026
- Black market buying rate stood at ₦1,412 per dollar.
- CBN official exchange rates ranged between ₦1,379 and ₦1,384.
The Dollar to Naira exchange rate remained under close watch on Friday, July 17, 2026, as the gap between the official foreign exchange market and the parallel market continued.
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EKO HOT BLOG reports that at the black market, also known as the parallel market, the United States Dollar exchanged at ₦1,425 per dollar for selling and ₦1,412 per dollar for buying.
The Central Bank of Nigeria (CBN), however, recorded lower official exchange rates, as shown below.
| Dollar to Naira (USD to NGN) | Exchange Rate |
|---|---|
| Black Market Buying Rate | ₦1,412 |
| Black Market Selling Rate | ₦1,425 |
| CBN Highest Rate | ₦1,384 |
| CBN Lowest Rate | ₦1,379 |
It is important to note that the Central Bank of Nigeria does not recognise the parallel market and advises individuals seeking foreign exchange to use authorised financial institutions.
Exchange rates may also vary slightly depending on location, demand, transaction volume and the foreign exchange dealer involved.
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