- Dollar To Naira Exchange Rate Today, March 24, 2026
- Official CBN rate ranges between ₦1349 and ₦1362
- Gap between official and parallel market rates persists
The exchange rate between the US Dollar and the Nigerian Naira continues to reflect pressure in the foreign exchange market, with slight stability seen across both official and parallel segments.
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EKO HOT BLOG reports that as of today, the black market rate remains around the ₦1,395 to ₦1,410 range per dollar, based on recent market trends and trader reports across major cities like Lagos and Abuja.
At the official level, data from the Central Bank of Nigeria shows the naira trading within the ₦1,349 to ₦1,362 range, consistent with recent fluctuations recorded in the Nigerian Foreign Exchange Market.
Dollar to Naira Exchange Rate Today
| Dollar to Naira (USD to NGN) | Black Market Exchange Rate Today |
|---|---|
| Selling Rate | ₦1410 |
| Buying Rate | ₦1395 |
| Dollar to Naira (USD to NGN) | CBN Rate Today |
|---|---|
| Highest Rate | ₦1362 |
| Lowest Rate | ₦1349 |
The gap between the official and parallel market rates persists, driven largely by dollar scarcity, demand pressure, and ongoing economic adjustments. Analysts note that despite reforms, the naira continues to trade around the ₦1,350 to ₦1,400 band in recent weeks.
Market watchers say the current trend reflects cautious stability, though volatility remains likely depending on foreign inflows, oil prices, and monetary policy decisions.
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