- Dollar To Naira Exchange Rate Today, March 2nd, 2026
- CBN highest rate stands at ₦1369.
- Exchange gap between markets remains moderate.
The Dollar to Naira exchange rate remains a key focus for traders, importers and businesses monitoring Nigeria’s foreign exchange market. As of today, activity across both the parallel market and official window shows slight variations, reflecting ongoing demand pressures.
EDITOR’S PICKS
- Governor Ahmadu Fintiri Defects To APC As Atiku’s Son Refuses To Dump PDP
- Should Governors Have To Join Ruling Party for ‘Greater Federal Support’?
- FEDSA National Pays Courtesy Visit to Lekki LCDA Chairman, Applauds Free JAMB Initiative
EKO HOT BLOG reports that at the black market, also known as the parallel market, the Dollar is selling at ₦1380 and buying at ₦1350. Rates in this segment often fluctuate based on demand and supply dynamics outside the official window.
Below is a breakdown of today’s exchange rates:
| Dollar to Naira (USD to NGN) | Rate |
|---|---|
| Black Market Buying Rate | ₦1350 |
| Black Market Selling Rate | ₦1380 |
| CBN Highest Rate | ₦1369 |
| CBN Lowest Rate | ₦1345 |
At the official window, data from the Central Bank of Nigeria shows the highest rate at ₦1369 and the lowest rate at ₦1345. The gap between the parallel market and official rate remains noticeable, though relatively stable compared to previous weeks.
Currency analysts say exchange rate stability will depend on foreign inflows, crude oil earnings and monetary policy direction in the coming months.
FURTHER READING
- Fire Breaks Out At Jama’a Emir’s Palace In Kaduna
- ‘Security Is Local’ – Tinubu Makes Fresh Case for State Policing
- Nigeria’s GDP Grows by 4.07% in Q4 2025, NBS Reports
