Dollar To Naira Exchange Rate Today, Wednesday, July 29, 2026

Dollar To Naira Exchange Rate Today, Wednesday, July 29, 2026
Official exchange rate stands at approximately ₦1,362.21 per dollar.
Exchange rates may vary as foreign exchange market conditions change.

The Nigerian naira continued to trade at different rates against the United States dollar across the official and parallel foreign exchange markets on Wednesday, July 29, 2026.

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EKO HOT BLOG reports that the exchange rate remains a key concern for Nigerians, businesses and investors, particularly as fluctuations in the value of the naira continue to influence the prices of imported goods, services and other commodities.

Market	Buying Rate	Selling Rate
Black Market	₦1,402/$1	₦1,410/$1
Official CBN Rate	₦1,362.21/$1	₦1,362.21/$1

At the parallel market, commonly known as the black market, the US dollar was reportedly bought at approximately ₦1,402 and sold at about ₦1,410 on Wednesday.

The official exchange rate was reported at approximately ₦1,362.21 to the dollar.

The difference between the official and parallel market rates reflects the varying conditions across Nigeria’s foreign exchange market.

Exchange rates may fluctuate during the day depending on market demand, availability of foreign currency and other factors affecting the naira.

The rates provided are indicative and may differ from the actual rates offered by individual currency dealers and financial institutions.

Dollar To Naira Exchange Rate Today, Wednesday, July 29, 2026

Nigerians seeking to exchange dollars are advised to confirm the prevailing rate before carrying out transactions, as foreign exchange prices can change based on market conditions.