- Dollar To Naira Exchange Rate Today, March 28th, 2026
- Official CBN rate ranges between ₦1362 and ₦1374
- Forex pressure persists amid demand and limited dollar supply
The exchange rate between the US dollar and the Nigerian naira remained under pressure on Saturday, March 28, 2026, amid continued demand for foreign currency across the country.
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EKO HOT BLOG reports that at the parallel market, also known as the black market, the naira traded around ₦1430 per dollar for selling and ₦1410 for buying in major cities, reflecting sustained demand pressures and limited dollar supply.
Dollar to Naira Black Market Rate Today
| Dollar to Naira (USD to NGN) | Black Market Exchange Rate Today |
|---|---|
| Selling Rate | ₦1430 |
| Buying Rate | ₦1410 |
Dollar to Naira CBN Rate Today
| Dollar to Naira (USD to NGN) | CBN Rate Today |
|---|---|
| Highest Rate | ₦1374 |
| Lowest Rate | ₦1362 |
Data from the Central Bank of Nigeria shows that the official exchange window continues to trade below the parallel market, maintaining a noticeable gap between both segments.
Experts say the disparity is driven by persistent dollar scarcity, import demand and ongoing economic adjustments. While the official market remains regulated, many individuals and businesses still rely on the parallel market to meet urgent forex needs.
Recent policy reforms aimed at improving dollar liquidity are expected to support the naira in the long term, but short term volatility is likely to persist.
The naira’s outlook will largely depend on improved foreign inflows, stable oil prices and sustained monetary interventions by authorities.
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