Markets › FX › Dollar to Naira

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.

Updated Mon, 05 Oct 2026 09:54:13 UTC
Official Rate
₦1,331.28
Parallel / Black Market
₦1,364.85
Premium
+2.52%
Buy / Sell (USDT)
₦1,370.7 / ₦1,359

Convert Dollars to Naira

—

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 Mon, 05 Oct 2026 09:54:13 UTC, the official exchange rate is 1 US Dollar = ₦1,331.28, while the parallel (black-market / USDT) rate is about ₦1,364.85 per dollar — roughly a 2.5% 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₦1,331.28₦1,364.85
$5₦6,656.4₦6,824.25
$10₦13,312.79₦13,648.5
$20₦26,625.59₦27,297
$50₦66,563.97₦68,242.5
$100₦133,127.94₦136,485
$200₦266,255.87₦272,970
$500₦665,639.68₦682,425
$1,000₦1.33M₦1.36M
$5,000₦6.66M₦6.82M
What is the dollar to naira rate today?

As of Mon, 05 Oct 2026 09:54:13 UTC, the official exchange rate is 1 US Dollar = ₦1,331.28, while the parallel (black-market / USDT) rate is about ₦1,364.85 per dollar — roughly a 2.5% 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 ₦1,364.85 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 ₦136,485 at the parallel rate, or ₦133,127.94 at the official rate.

Dollar to Cedi · Dollar to Pound · Dollar to Shilling · Dollar to Rand · Dollar to Shilling · Information only — not financial advice.