- Dollar To Naira Exchange Rate Today, April 22nd, 2026
- Official CBN rate ranges between ₦1345 and ₦1357
- Gap persists between parallel and official forex markets
The exchange rate between the United States Dollar and the Nigerian Naira remains a key concern for traders, businesses and individuals involved in foreign exchange transactions across the country.
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EKO HOT BLOG reports that at the parallel market, also known as the black market, the naira continues to trade at a significant gap compared to the official rate, reflecting ongoing demand pressure and limited forex supply.
According to sources at Bureau De Change operators in Lagos, the dollar is currently sold at ₦1400 and bought at ₦1393 on Tuesday, April 22, 2026.
Dollar to Naira Black Market Rate Today
Dollar to Naira (USD to NGN) Black Market Exchange Rate Today
Selling Rate ₦1400
Buying Rate ₦1393
Dollar to Naira CBN Rate Today
Dollar to Naira (USD to NGN) CBN Rate Today
Highest Rate ₦1357
Lowest Rate ₦1345
The disparity between the black market and the official rate highlights continued volatility in Nigeria’s foreign exchange market.
It is important to note that the Central Bank of Nigeria does not recognise the parallel market. The apex bank has consistently advised individuals and businesses seeking foreign exchange to transact through authorised financial institutions.
Despite this directive, many Nigerians continue to rely on the parallel market due to accessibility and supply constraints within the official window.
Exchange rates may vary slightly depending on location, demand and volume of transactions.
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