- Dollar to Naira Exchange Rate Today, July 6, 2026
- CBN official exchange rate ranged between ₦1,369 and ₦1,373.
- Exchange rates may vary depending on market conditions and location.
The Dollar to Naira exchange rate remained largely stable on Monday, July 6, 2026, across both the parallel market and the official foreign exchange market.
At the black market, also known as the parallel market, the United States Dollar exchanged at ₦1,410 per dollar for selling and ₦1,395 per dollar for buying, according to market participants.
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EKO HOT BLOG reports that at the official market, the Central Bank of Nigeria (CBN) recorded the Dollar trading between a highest rate of ₦1,373 and a lowest rate of ₦1,369.
The latest rates show that the gap between the official and parallel markets persists, although the spread has remained relatively stable in recent trading sessions. Exchange rates in the black market may vary slightly depending on location, transaction volume and dealer.
| Dollar to Naira (USD/NGN) | Exchange Rate |
|---|---|
| Black Market Buying Rate | ₦1,395 |
| Black Market Selling Rate | ₦1,410 |
| CBN Highest Rate | ₦1,373 |
| CBN Lowest Rate | ₦1,369 |
The Central Bank of Nigeria has consistently advised individuals and businesses seeking foreign exchange to use authorised financial institutions, noting that rates in the parallel market are not recognised as official benchmarks.

It is important to note that foreign exchange rates are subject to change during the day based on market demand, liquidity and other economic factors. Nigerians planning to buy or sell foreign currency are advised to confirm prevailing rates before completing transactions.
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