- Dollar To Naira Exchange Rate Today, March 27th, 2026
- Official CBN rate ranges between ₦1375 and ₦1391
- Forex gap persists due to high demand and limited supply
The exchange rate between the US dollar and the Nigerian naira remained volatile on Friday, March 27, 2026, reflecting continued pressure in the foreign exchange market.
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EKO HOT BLOG reports that at the parallel market, also known as the black market, the naira weakened slightly against the dollar, as demand for foreign currency persisted among importers and individuals seeking alternative forex sources.
Dollar to Naira Exchange Rate Today
| Dollar to Naira (USD to NGN) | Black Market Exchange Rate Today |
|---|---|
| Selling Rate | ₦1425 |
| Buying Rate | ₦1410 |
| Dollar to Naira (USD to NGN) | CBN Rate Today |
|---|---|
| Highest Rate | ₦1391 |
| Lowest Rate | ₦1375 |
Data from the Central Bank of Nigeria showed that the official exchange rate range remained below black market levels, highlighting the persistent gap between both markets.
Analysts say the disparity is driven by limited forex supply, rising demand, and ongoing economic adjustments. While the official market remains regulated, many businesses continue to rely on the parallel market to meet urgent foreign exchange needs.
The naira’s performance in the coming weeks is expected to depend on policy interventions, improved dollar inflows, and stability in global oil prices, which remain Nigeria’s major source of foreign exchange earnings.
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