The Dollar to Naira exchange rate in the Nigerian black market, also known as the parallel market, traded within a stable range on Tuesday, June 30, 2026, as demand for the United States dollar remained steady across major Bureau De Change (BDC) markets.
According to information gathered from Bureau De Change operators, the Dollar to Naira exchange rate is:
Buying Rate: ₦1,385 per US Dollar (the rate at which Bureau De Change operators buy dollars from Nigerians)
Selling Rate: ₦1,395 per US Dollar (the rate at which Bureau De Change operators sell dollars to Nigerians)
Exchange rates in the parallel market may differ slightly depending on location, transaction size, and prevailing market conditions.
How Much Is Dollar to Naira Today in Black Market?
As of Tuesday, June 30, 2026, the black market exchange rate is:
Buying: ₦1,385 per US Dollar
Selling: ₦1,395 per US Dollar
The parallel market continues to play a significant role in Nigeria’s foreign exchange landscape, with rates largely influenced by market demand, dollar liquidity, and economic conditions.
Official Dollar to Naira Exchange Rate
The official exchange rate is determined through the Nigerian foreign exchange market regulated by the Central Bank of Nigeria (CBN). The official market rate may differ from the parallel market due to monetary policy measures, foreign exchange supply, and interventions by the apex bank.
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