This post will keep you updated with the latest dollar to naira exchange rates across Nigeria. See the current CBN and Black market rates.
Dollar to naira exchange rate today
Sell $1 = ₦370.
Buy $1 = ₦367.
Sell price: Price at which the market is selling.
Buy price: Price at which the market is buying.
Dollar to Naira CBN rate:
The Central Bank of Nigeria, CBN rate is the official amount Nigerian banks will convert dollar to naira. It’s currently at ₦305.65 I.e 1USD equal 305.65 Nigerian Naira.
Dollar to Naira Black Market
Black market is the same as parallel market. The dollar changes for more there. The dollar to naira black market rate is ₦367. I.e $1 = ₦367.
That is, One United states dollar equals three hundred and sixty three Nigerian naira.
Dollar(USD) to Naira(N) History
Factors that Affect Dollar to Naira Exchange
Inflation: Inflation in Nigeria is currently at 16%.
Crude oil price is currently at $51.85 per barrel.
Inflation rate in Nigeria is at 16.1%