- Dollar To Naira Exchange Rate Today, April 15, 2026
- Official CBN rate ranged between ₦1,352 and ₦1,360
- Exchange rate gap reflects ongoing forex pressure in Nigeria
The exchange rate between the US Dollar and Nigerian Naira remains a key concern for businesses, travellers, and investors as currency fluctuations continue to shape Nigeria’s economic landscape.
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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 higher rate compared to the official window, reflecting ongoing pressure on foreign exchange supply.
Dollar to Naira Exchange Rate Today
| Dollar to Naira (USD to NGN) | Black Market Rate |
|---|---|
| Buying Rate | ₦1,395 |
| Selling Rate | ₦1,415 |
| Dollar to Naira (USD to NGN) | CBN Official Rate |
|---|---|
| Highest Rate | ₦1,360 |
| Lowest Rate | ₦1,352 |
The Central Bank of Nigeria continues to manage the official exchange rate through regulated channels, while demand pressures persist in the parallel market.
The gap between the official and black market rates highlights ongoing challenges in Nigeria’s foreign exchange system, including limited dollar supply, import dependency, and speculative trading.
Experts advise individuals and businesses to rely on official banking channels for foreign exchange transactions where possible, while staying informed on daily market movements.
The exchange rate is expected to remain volatile in the coming weeks as economic factors, global oil prices, and monetary policies continue to influence the market.
