- Dollar To Naira Exchange Rate Today, August 9, 2026
- The CBN dollar rate ranges between ₦1,363 and ₦1,367, based on the figures provided.
- The parallel market continues to serve as a major reference point for Nigerians
The dollar to naira exchange rate remains an important reference for Nigerians, businesses and investors tracking movements in the foreign exchange market.
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EKO HOT BLOG reports that as of Sunday, August 9, 2026, the US dollar is being exchanged at ₦1,430 per dollar for selling and ₦1,415 for buying in the black market, based on the latest figures provided.
The official Central Bank of Nigeria rate is lower, with the dollar trading within a range of ₦1,363 to ₦1,367.
Dollar To Naira Black Market Rate Today
The parallel market continues to serve as a major reference point for Nigerians looking to buy or sell US dollars outside the official banking system.
| Dollar to Naira (USD to NGN) | Black Market Exchange Rate Today |
|---|---|
| Selling Rate | ₦1,430 |
| Buying Rate | ₦1,415 |
At the current black market rate, anyone buying $100 would need about ₦143,000, while selling $100 could yield approximately ₦141,500, based on the supplied rates.
For $500, the estimated cost would be ₦715,000 at the selling rate, while selling $500 would bring approximately ₦707,500 at the buying rate.
The actual rate offered by currency dealers may differ depending on the location, amount involved and prevailing demand for foreign currency.
Dollar To Naira CBN Rate Today
The official exchange rate remains another important benchmark for individuals and businesses involved in foreign exchange transactions.
| Dollar to Naira (USD to NGN) | CBN Rate Today |
|---|---|
| Highest Rate | ₦1,367 |
| Lowest Rate | ₦1,363 |
Based on the supplied figures, the difference between the highest CBN rate of ₦1,367 and the black market selling rate of ₦1,430 is ₦63 per dollar.
For a $1,000 transaction, that difference would amount to about ₦63,000 when comparing the two quoted rates.
Dollar To Naira Exchange Rate Today
The naira exchange rate is closely monitored because changes in the value of the local currency can affect the cost of imported goods, international payments, travel expenses and other dollar denominated transactions.
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