- Dollar to Naira Exchange Rate Today, July 5, 2026
- Official CBN exchange rate ranged between ₦1,369 and ₦1,373.
- Exchange rates may vary across locations and currency dealers.
The Dollar to Naira exchange rate remained relatively stable on Sunday, July 5, 2026, across both the parallel (black) market and the official foreign exchange market.
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EKO HOT BLOG reports that at the black market, also known as the parallel market, the United States Dollar traded at ₦1,410 per dollar for selling and ₦1,395 per dollar for buying.
Meanwhile, the official exchange rate published through the Central Bank of Nigeria (CBN) market showed the Dollar trading within a range of ₦1,369 to ₦1,373.
Below is a breakdown of the latest exchange rates.
| Dollar to Naira (USD to NGN) | Black Market Rate |
|---|---|
| Selling Rate | ₦1,410 |
| Buying Rate | ₦1,395 |
| Dollar to Naira (USD to NGN) | CBN Rate |
|---|---|
| Highest Rate | ₦1,373 |
| Lowest Rate | ₦1,369 |
The difference between the black market and the official exchange rate continues to reflect the sustained demand for foreign exchange outside the regulated market. Businesses, importers and individuals seeking quick access to foreign currency often turn to the parallel market, where rates are determined by demand and supply.
Exchange rates may also vary slightly across cities, bureaux de change and currency dealers depending on transaction volumes and market conditions. Nigerians are advised to confirm prevailing rates with trusted dealers before carrying out foreign exchange transactions.
