Dollar To Naira Rate For Today

Dollar To Naira Rate For Today – July 21, 2025
CBN maintains official exchange rate at ₦1,532.34 per dollar.
Black market rate slightly lower at ₦1,525 amid low demand.

The dollar to naira exchange rate remained relatively stable across official and black market platforms on Monday, July 21, 2025.

Contents

Weekly Trend Recap
What This Means for You

FURTHER READING

Market Type	USD/NGN Rate	Notes
Official (Wise mid‑market)	₦1,529.40	Stable vs. previous day
Central Bank (CBN)	₦1,532.34	▸ Sell: ₦1,532.34 ▸ Buy: ₦1,531.34
Black‑Market (Aboki Forex)	₦1,525	Slightly softer than official

EDITOR’S PICKS

EKO HOT BLOG reports that today’s dollar‑to‑naira rate remains largely stable across official and informal markets. The mid‑market rate available via platforms like Wise sits at ₦1,529.40, with negligible change from yesterday. The Central Bank of Nigeria (CBN) maintains its rate at ₦1,532.34 (sell) and ₦1,531.34 (buy), consistent with last Friday’s figures and signalling minor weekly upticks of roughly 0.8 %.

The black‑market rate remains marginally below official levels at ₦1,525, indicating subdued parallel‑market demand.

Weekly Trend Recap

Stable week: USD/NGN mid‑range has stayed between ₦1,519.32 and ₦1,541.62 during the past seven days.
CBN movement: The official CBN rate rose slightly (~0.9%) over the week, from ₦1,518.89 to ₦1,532.34.

What This Means for You

Importers & Businesses: Budgeting remains predictable with minimal forex volatility.
Consumers & Travelers: Expect steady remittance and spending values.

Dollar To Naira Rate For Today – July 21
Policy Watch: The narrow gap between official and black‑market rates may indicate improved market confidence and reduced arbitrage opportunities.