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USD / NGN
US Dollar to Nigerian Naira
Sep 9, 2026 at 8:28 AM
CBN Official
₦1,322.01
1 USD = ₦1,322.01
Parallel Market
₦1,348.45
1 USD = ₦1,348.45
Source: ExchangeRate-API • Rates update every 24 hours
Currency Converter
About USD to Naira Rate
The US Dollar is the most traded currency against the Nigerian Naira. The CBN official rate is set by the Central Bank of Nigeria, while the parallel market rate reflects the rate at which the Dollar is traded informally by bureau de change operators and currency dealers across Nigeria.
The gap between official and parallel rates fluctuates based on foreign exchange supply, trade balance, and monetary policy decisions.