- Dollar sold for ₦1,409 in the black market on Saturday.
- Official CBN rate ranged between ₦1,362 and ₦1,365.
- Gap between official and parallel market rates persisted.
The Nigerian Naira recorded slight movements against the United States Dollar in both the parallel market and the official foreign exchange market on Saturday, June 13, 2026.
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EKO HOT BLOG reports that currency traders monitored developments in the foreign exchange market as demand for the US Dollar remained strong across various segments of the economy. The black market rate continued to trade above the official exchange rate, maintaining the gap between both markets.
Dollar To Naira Black Market Rate Today
| Dollar to Naira (USD to NGN) | Black Market Exchange Rate Today |
|---|---|
| Selling Rate | ₦1,409 |
| Buying Rate | ₦1,396 |
Dollar To Naira CBN Rate Today
| Dollar to Naira (USD to NGN) | CBN Rate Today |
|---|---|
| Highest Rate | ₦1,365 |
| Lowest Rate | ₦1,362 |
The latest figures show that the Dollar was bought at ₦1,396 and sold at ₦1,409 in the parallel market, while the official market recorded rates ranging between ₦1,362 and ₦1,365.
Foreign exchange rates may vary slightly depending on location, volume of transactions and individual Bureau De Change operators. Nigerians seeking foreign currency for business, travel or personal transactions are advised to monitor market trends and patronise authorised dealers where necessary.
The exchange rate remains a key indicator for businesses, importers and investors, as fluctuations in the value of the Naira often influence the prices of goods and services across the country.
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