- Dollar To Naira Exchange Rate Today, January 6th, 2026
- CBN official rates remain lower than parallel market figures
- Exchange gap reflects ongoing foreign exchange supply challenges
The exchange rate between the United States dollar and the Nigerian naira remained relatively stable on Tuesday, January 6th, 2026, as demand for foreign exchange continued to influence movements across official and parallel markets.
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EKO HOT BLOG reports that in the black market, also known as the parallel market, the naira traded weaker against the dollar as limited dollar supply sustained pressure on the local currency. Traders attributed the rate to persistent demand from importers and individuals seeking foreign exchange for travel, tuition, and overseas payments.
Below is the current Dollar to Naira exchange rate across both the black market and the Central Bank of Nigeria window.
Dollar to Naira Exchange Rate Table
| Market Type | Description | Rate |
|---|---|---|
| Black Market | Selling Rate | ₦1485 |
| Black Market | Buying Rate | ₦1479 |
| CBN Rate | Highest Rate | ₦1433 |
| CBN Rate | Lowest Rate | ₦1424 |
At the official market, the Central Bank of Nigeria recorded lower rates compared to the parallel market, reflecting regulated trading and controlled access to foreign exchange. The gap between the two markets continues to highlight ongoing pressure on the naira and limited dollar liquidity.
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