Risk warning: Forex trading carries a high level of risk and may not be suitable for all investors. You may lose more than your initial deposit. Past performance is not indicative of future results.
Dollar to naira today.
How much is the dollar in naira today? We pull the indicative USD/NGN reference from public FX sources — delayed, for education, not a live trading price. Use it for transfers, pricing, or planning your next trade, then confirm with your broker or Bureau de Change.
Updated daily from public FX sources
Amount × today's indicative USD/NGN rate. Not a dealer quote.
Indicative USD/NGN — delayed daily rate. Not a trading price.
Traders — the wider desk
Beyond the dollar, the pairs Nigerian forex traders watch most. Tap a tile to swap the chart above.
Frequently Asked Questions
What is the dollar to naira rate today?
KoboFX shows the indicative USD/NGN reference rate published daily by public FX data sources. The number on this page is delayed and educational — the price your bank, broker, or Bureau de Change quotes can differ. Check back each day, and confirm the live rate before you send money or trade.
Is this the black market or parallel market rate?
No. The rate here is a mid-market reference from public FX feeds, not the parallel (street) rate. Street rates are set informally by BDC operators and traders, and they usually sit above the official reference. Treat this page as a starting point for negotiation, not the final quote.
What is the difference between the parallel market rate and the CBN official rate?
The Central Bank of Nigeria (CBN) sets an official exchange rate used by banks and regulated institutions. The parallel market rate is agreed between street traders and Bureau de Change operators, so it tracks supply and demand more closely. The parallel rate is usually higher because it reflects what people actually pay for dollars.
How much is $1,000 in naira today?
Use the converter in the rate panel: enter 1000 in the dollar box and it multiplies by today's indicative USD/NGN rate shown on this page. The naira figure moves whenever the rate changes, so re-check before you transact.
What is the buy rate and the sell rate?
The buy rate is what a dealer pays when they buy dollars from you. The sell rate is what you pay when you buy dollars from them. The sell rate is always higher — that gap is how dealers earn. This page shows a single indicative mid rate, not both sides of the spread.
Why is the rate here different from my bank or Bureau de Change?
Banks and BDCs add their own margin, fees, and liquidity costs on top of the reference rate. So the price you are quoted is almost always different — sometimes clearly higher. Treat the rate here as a benchmark to compare offers, then negotiate with that number in hand.
How often is the dollar to naira rate updated?
We pull the latest published value from a public FX data feed. Refreshing the page re-fetches it. The data is daily, delayed, and not a live trading price — it is for education and planning, not execution.
Can I trade forex at this rate?
No. This is an indicative reference, not an executable price. Your broker quotes live prices that include spreads and fees, and execution happens at those prices. Use this page to understand direction and context, then check your broker's platform.
Rates are indicative, sourced from public FX APIs, and delayed. Not investment advice and not a broker or dealer quote. Confirm with your broker or Bureau de Change before trading or any money transfer.