- Dollar To Naira Exchange Rate Today, May 21st, 2026
- CBN official exchange rate ranged between ₦1372 and ₦1374.
- Forex demand continues putting pressure on Nigeria’s currency market.
Dollar to Naira exchange rate remained under pressure on Thursday, May 21, 2026, as the naira traded at ₦1399 per dollar at the black market.
Bureau De Change operators in major markets across Nigeria quoted the buying rate at ₦1386 and the selling rate at ₦1399, reflecting continued fluctuations in the parallel market.
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EKO HOT BLOG reports that meanwhile, the official exchange rate released by the Central Bank of Nigeria, CBN, showed the naira trading between ₦1372 and ₦1374 against the United States dollar.
Currency traders said demand for foreign exchange from importers, travelers and businesses continued to put pressure on the naira despite efforts by the apex bank to stabilize the market.
Dollar to Naira Black Market Rate Today
| Dollar to Naira (USD to NGN) | Black Market Exchange Rate Today |
| Selling Rate | ₦1399 |
| Buying Rate | ₦1386 |
Dollar to Naira CBN Rate Today
| Dollar to Naira (USD to NGN) | CBN Rate Today |
| Highest Rate | ₦1374 |
| Lowest Rate | ₦1372 |
Financial analysts have continued to monitor developments in Nigeria’s foreign exchange market amid expectations of further interventions by monetary authorities.
The difference between the official and black market rates also highlights the persistent demand for dollars in the informal market, where many Nigerians source foreign currency for business and personal transactions.
Experts have advised Nigerians involved in foreign exchange transactions to monitor market trends closely, as rates may vary depending on location, volume and market conditions.
It is important to note that foreign exchange rates change regularly and may differ across banks, financial institutions and parallel market traders.
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