- Dollar to Naira Exchange Rate Today, August 16, 2026
- Black market buying rate stands at ₦1,407 per dollar today.
- CBN rates range between ₦1,356 and ₦1,360 today.
The dollar to naira exchange rate remained a key focus for Nigerians and businesses tracking developments in the foreign exchange market on Sunday, August 16, 2026.
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EKO HOT BLOG reports that the exchange rate varies across the official foreign exchange market and the parallel market, with different buying and selling rates recorded.
Dollar to Naira Black Market Rate Today
| Dollar to Naira (USD to NGN) | Black Market Rate |
|---|---|
| Selling Rate | ₦1,420 |
| Buying Rate | ₦1,407 |
Dollar to Naira CBN Rate Today
| Dollar to Naira (USD to NGN) | CBN Rate |
| Highest Rate | ₦1,360 |
| Lowest Rate | ₦1,356 |
The black market selling rate is ₦1,420 per dollar, while the buying rate stands at ₦1,407.
At the official market, the highest rate is ₦1,360 per dollar, while the lowest rate is ₦1,356.
Exchange rates can change during the day based on market conditions and demand for foreign currency. Readers are advised to confirm current rates before carrying out foreign exchange transactions.
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