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Dollar to Naira — Live USD/NGN Rate Today

The live US dollar to Nigerian Naira exchange rate — the official rate and the real parallel / black-market (USDT) rate — with a converter, history chart and full rate table.

The US dollar to Nigerian Naira rate has two values: the official rate (about ₦1,359.91 per $1) and the real parallel / black-market rate from the USDT/NGN crypto market (about ₦1,387.5 per $1), roughly a 2.0% premium over the official rate. Both update about every 15 minutes; use the converter and table below for any amount.

Updated Tue, 27 Oct 2026 18:45:02 UTC
Official Rate
₦1,359.91
Parallel / Black Market
₦1,387.5
Premium
+2.03%
Buy / Sell (USDT)
₦1,391 / ₦1,384

Convert Dollars to Naira

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Live rates. The parallel rate reflects the real open-market (USDT) price of a dollar. Estimate only.

USD/NGN Rate History

Official vs Parallel / Black Market Rate

As of Tue, 27 Oct 2026 18:45:02 UTC, the official exchange rate is 1 US Dollar = ₦1,359.91, while the parallel (black-market / USDT) rate is about ₦1,387.5 per dollar — roughly a 2.0% premium over the official rate.

Because demand for dollars in Nigeria exceeds the supply available at the official rate, a parallel market (often called the "black market") trades dollars at a premium. The most liquid, real-time version of this is the USDT/NGN crypto rate — a dollar-pegged stablecoin trading peer-to-peer — shown above as the parallel rate.

Dollar to Naira Rate Table

US DollarsOfficial (₦)Parallel / Black Market (₦)
$1₦1,359.91₦1,387.5
$5₦6,799.56₦6,937.5
$10₦13,599.12₦13,875
$20₦27,198.24₦27,750
$50₦67,995.6₦69,375
$100₦135,991.19₦138,750
$200₦271,982.38₦277,500
$500₦679,955.95₦693,750
$1,000₦1.36M₦1.39M
$5,000₦6.80M₦6.94M
What is the dollar to naira rate today?

As of Tue, 27 Oct 2026 18:45:02 UTC, the official exchange rate is 1 US Dollar = ₦1,359.91, while the parallel (black-market / USDT) rate is about ₦1,387.5 per dollar — roughly a 2.0% premium over the official rate.

What is the dollar to naira black market rate?

The parallel (black-market) rate is the price of a dollar outside the official window — today about ₦1,387.5 per dollar, tracked in real time via the USDT/NGN peer-to-peer crypto market.

How much is $100 in nigerian naira?

$100 is about ₦138,750 at the parallel rate, or ₦135,991.19 at the official rate.

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