- Dollar To Naira Exchange Rate Today, July 19, 2026
- Black market buying rate stood at ₦1,412 per dollar
- CBN recorded exchange rates between ₦1,378 and ₦1,382.
The Dollar to Naira exchange rate remained relatively stable on Sunday, July 19, 2026, across both the parallel market and the official foreign exchange market.
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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, while the buying rate stood at ₦1,412 per dollar.
Meanwhile, at the official market, the Central Bank of Nigeria (CBN) recorded the highest exchange rate for the dollar at ₦1,382, while the lowest rate stood at ₦1,378.
Dollar To Naira Exchange Rate Today
| Market | Buying Rate | Selling Rate |
|---|---|---|
| Black Market (Parallel Market) | ₦1,412 | ₦1,425 |
| CBN Official Market | ₦1,378* | ₦1,382* |
*CBN rates represent the day’s recorded lowest and highest exchange rates.
It is important to note that foreign exchange rates may vary depending on location, transaction volume and the source of purchase. The Central Bank of Nigeria does not recognise the parallel market and advises individuals seeking foreign exchange to use authorised financial institutions.
The gap between the official and parallel market rates continues to reflect demand and supply dynamics within Nigeria’s foreign exchange market.
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