- Dollar To Naira Exchange Rate Today, April 12th, 2026
- Official CBN rates range between ₦1354 and ₦1362
- Exchange gap reflects ongoing forex demand and supply issues
The exchange rate between the US Dollar and the Nigerian Naira remains a key concern for businesses, importers, and individuals involved in foreign transactions.
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EKO HOT BLOG reports that as of today, April 12, 2026, the Naira continues to trade differently across the official and parallel markets, reflecting ongoing demand pressures and liquidity challenges.
In the black market, also known as the parallel market, the Naira weakened slightly against the Dollar. Traders report that the Dollar is being bought at ₦1393 and sold at ₦1409. This reflects continued pressure on the local currency due to high demand for foreign exchange and limited supply.
| Dollar to Naira (USD to NGN) | Black Market Exchange Rate Today |
|---|---|
| Buying Rate | ₦1393 |
| Selling Rate | ₦1409 |
At the official market regulated by the Central Bank of Nigeria, the exchange rate remains relatively stable compared to the parallel market. Data shows that the highest rate recorded today is ₦1362, while the lowest stands at ₦1354, indicating a narrower trading band.
| Dollar to Naira (USD to NGN) | CBN Rate Today |
|---|---|
| Highest Rate | ₦1362 |
| Lowest Rate | ₦1354 |
The gap between the official and black market rates continues to highlight the imbalance in Nigeria’s foreign exchange market.

Analysts say sustained reforms, improved dollar inflow, and investor confidence will be key to stabilising the Naira in the coming months.
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