Dollar to Naira Black Market Exchange Rate Today, Monday, June 29, 2026

The Dollar to Naira exchange rate in the Nigerian black market, also known as the parallel market, remained relatively stable on Monday, June 29, 2026, as demand for the United States dollar continued to influence trading activities across major foreign exchange markets.

According to information obtained from Bureau De Change (BDC) operators, the Dollar to Naira exchange rate is:

• Buying Rate: ₦1,380 per US Dollar (the rate at which BDC operators buy dollars from Nigerians)
• Selling Rate: ₦1,390 per US Dollar (the rate at which BDC operators sell dollars to Nigerians)

Exchange rates in the parallel market may vary slightly depending on location, transaction volume, and prevailing market conditions.

How Much Is Dollar to Naira Today in Black Market?

As of Monday, June 29, 2026, the black market exchange rate is:

• Buying: ₦1,380 per US Dollar
• Selling: ₦1,390 per US Dollar

The parallel market continues to serve individuals and businesses seeking foreign exchange outside the official market, with rates driven largely by demand and supply dynamics.

Official Dollar to Naira Exchange Rate

The official exchange rate is determined through Nigeria’s foreign exchange market under the supervision of the Central Bank of Nigeria (CBN). The official rate may differ from the parallel market due to monetary policy, foreign exchange liquidity, and market interventions.

For the latest updates on the Dollar to Naira exchange rate, business news, and in-depth financial market analysis, visit Investors King.