Dollar To Naira Exchange Rate Today, April 30th, 2026

Dollar To Naira Exchange Rate Today, April 30th, 2026
CBN official rate ranges between ₦1367 and ₦1385
Forex demand continues to sustain parallel market activity

The exchange rate between the United States dollar and the Nigerian naira remains a key concern for individuals and businesses, especially as fluctuations continue to impact daily economic activities.

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EKO HOT BLOG reports that at the parallel market, also known as the black market, the dollar to naira exchange rate has maintained relative stability in recent days. Bureau De Change operators across major trading hubs indicate that the rate is still hovering within a familiar range.

Dollar to Naira Black Market Rate Today
Dollar to Naira (USD to NGN) Black Market Exchange Rate Today
Selling Rate ₦1400
Buying Rate ₦1390

These figures align with recent trading patterns, showing minimal movement in the informal foreign exchange market.

Dollar to Naira CBN Official Rate Today
Dollar to Naira (USD to NGN) CBN Rate Today
Highest Rate ₦1385
Lowest Rate ₦1367

At the official market, rates published by the Central Bank of Nigeria remain slightly lower than the parallel market, reflecting ongoing efforts to stabilise the naira.

The gap between the official and black market rates continues to drive demand in the parallel market, where access to foreign exchange is more flexible. Analysts note that limited dollar supply in the official window remains a major factor sustaining this trend.

The Central Bank of Nigeria has consistently maintained that the parallel market is not recognised and has advised individuals to conduct foreign exchange transactions through authorised financial institutions.

However, many Nigerians still rely on the black market for quick access to foreign currency, especially for business transactions, school fees, medical expenses, and travel needs.

Rates may vary slightly depending on location, demand, and transaction volume.