The exchange rate between the Naira and the US dollar, according to the data released on the FMDQ Security Exchange, the official forex trading portal, showed that the naira closed at 1355.73 per $1 on Tuesday, February 10th, 2026. The naira traded as high as 1361.97 to the dollar at the investors and exporters (I&E) window on Monday. This is brought to you by Bizwatch Nigeria.
How much is a dollar to naira today in the black market?
Dollar to naira exchange rate today black market (Aboki dollar rate)
In the parallel market, the US dollar traded within the range of ₦1,435 to ₦1,450 per $1 on Tuesday, February 10, 2026, according to information from Bureau De Change (BDC) operators and market trackers.
Source: https://ngn.currencyrate.today/
Please note that the Central Bank of Nigeria (CBN) does not recognise the parallel market (black market) and has directed individuals and businesses seeking foreign exchange to transact through authorised banks and official forex windows.
Dollar to Naira Black Market Rate Today
| Dollar to Naira (USD to NGN) | Black Market Exchange Rate Today |
|---|---|
| Selling Rate | ₦1,450 |
| Buying Rate | ₦1,435 |
Dollar to Naira CBN / NFEM Rate Today
| Dollar to Naira (USD to NGN) | Official Exchange Rate Today |
|---|---|
| Opening Rate | ₦1,361.97 |
| Current Rate | ₦1,355.73 |
Important Notes
- The official exchange rate is sourced from the Nigerian Foreign Exchange Market (NFEM) and published by the Central Bank of Nigeria (CBN) via its official exchange rate platform.
- The black market rate reflects prevailing prices quoted by Bureau De Change operators and informal FX dealers across major cities, including Lagos and Abuja.
- The exchange rate you buy or sell forex at may differ slightly due to location, transaction size, and dealer margins.
For daily updates on currency movements, markets, and the Nigerian economy, stay with BizWatch Nigeria.
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