- Dollar To Naira Exchange Rate Today, July 30, 2026
- The latest verified official opening rate stood at ₦1,379.80 per dollar.
- Parallel market rates may differ depending on location, demand and supply.
The exchange rate between the United States dollar and the Nigerian naira remains a key economic indicator for businesses, importers, travellers and other Nigerians who require access to foreign currency.
EDITOR’S PICKS
- Olodo Uprising: Sanwo-Olu Advises Youths to Embrace Knowledge, Curiosity
- BBN Season 11 Kicks Off with Unveiling of 24 Housemates Competing for ₦160m Grand Prize
- Why Africa Must Stop Exporting Raw Materials, Lessons From Benin for Nigeria
EKO HOT BLOG reports that as of Thursday, July 30, 2026, the latest verifiable market figures available indicate that the naira has continued to trade within the ₦1,370 to ₦1,380 range against the dollar at the official foreign exchange market. A June 30 report by Channels Television also placed the official market rate within that range, while Vanguard reported an official opening rate of ₦1,379.80 per dollar on the same date.
Dollar To Naira Exchange Rate Today
| Dollar To Naira (USD To NGN) | Exchange Rate |
|---|---|
| Official Market | Around ₦1,370 to ₦1,380 |
| Latest Reported Official Opening Rate | ₦1,379.80 |
| Black Market | Varies by location and dealer |
| $1 | Around ₦1,370 to ₦1,380 at the latest verified official rate |
The official exchange rate is determined through Nigeria’s formal foreign exchange market, while rates in the parallel market can differ depending on demand, supply and the location of the transaction.
The naira’s performance against the dollar remains closely watched because movements in the foreign exchange market can affect the cost of imported goods, international travel, school fees, overseas payments and other dollar denominated transactions.
For Nigerians looking to buy or sell dollars, the actual rate offered by banks, authorised dealers and parallel market operators may vary. Buyers are therefore advised to confirm the prevailing rate before completing any foreign exchange transaction.
The latest available data also show that Nigeria’s foreign exchange market continues to operate under reforms aimed at improving transparency and liquidity. The International Monetary Fund has noted ongoing efforts by Nigerian authorities to improve foreign exchange market liquidity and strengthen the country’s exchange rate framework.
