Dollar to Naira Exchange Rate Today, August 21, 2026

Dollar to Naira Exchange Rate Today, August 21, 2026
Parallel market dollar buying rate stands around ₦1,408 today.
Dollar selling rate remains around ₦1,418 in parallel market.

The Nigerian naira continued to trade relatively strongly against the United States dollar on Friday, August 21, 2026, with the official exchange rate remaining around the ₦1,348 to ₦1,350 per dollar range.

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EKO HOT BLOG reports that available market data showed the dollar trading at about ₦1,348 per US dollar in the official market, while the parallel market rate stood at approximately ₦1,413 per dollar. The parallel market rate was higher than the official rate by about ₦65.

Market	Buying Rate	Selling Rate
Official Market	About ₦1,348	About ₦1,350
Black Market	₦1,408	₦1,418
Parallel Market Average	About ₦1,413	About ₦1,413

The Central Bank of Nigeria’s official exchange rate data shows that the NFEM rate is derived from the volume weighted average and represents the official exchange rate for the day.

In the parallel market, available data for August 21 showed the dollar being bought at around ₦1,408 and sold at approximately ₦1,418, putting the average rate at about ₦1,413 per dollar.

The latest rates indicate that a person selling $100 in the parallel market could receive about ₦140,800, while purchasing $100 could cost approximately ₦141,800, depending on the dealer and location.

The naira’s recent performance comes amid improved dollar liquidity and stronger foreign exchange inflows. Reuters reported on Thursday that the naira was trading around ₦1,345 per dollar in the official market, while street rates were around ₦1,410.

Dollar to Naira Exchange Rate Today, August 21, 2026

Exchange rates can change throughout the day because of movements in dollar supply and demand, banking transactions and activity in the parallel market. The rates quoted above should therefore be treated as indicative rather than fixed prices.