- Dollar To Naira Exchange Rate Today, February 28, 2026
- CBN highest rate stands at ₦1369
- Exchange rate gap persists across markets
The Dollar to Naira exchange rate remained a key focus for traders and businesses on Saturday, February 28, 2026, as fluctuations continued across both the parallel market and the official window.
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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 a selling rate of ₦1380 and a buying rate of ₦1360. The gap between buying and selling rates reflects ongoing demand pressure in the informal forex segment.
At the official window regulated by the Central Bank of Nigeria, the Dollar traded at a highest rate of ₦1369 and a lowest rate of ₦1345 during the session.
Dollar to Naira Black Market Rate Today
| Dollar to Naira (USD to NGN) | Black Market Exchange Rate Today |
|---|---|
| Selling Rate | ₦1380 |
| Buying Rate | ₦1360 |
Dollar to Naira CBN Rate Today
| Dollar to Naira (USD to NGN) | CBN Rate Today |
|---|---|
| Highest Rate | ₦1369 |
| Lowest Rate | ₦1345 |
The difference between the parallel market and official rates continues to influence import costs, foreign payments, and general market pricing across Nigeria.
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