What is today’s CBN exchange rate?
The Central Bank of Nigeria (CBN) exchange rate for the U.S. dollar to the Nigerian naira is currently at approximately ₦1628.65kper $1. This rate is effective as of today, September, 2024.
On September 6, 2024, the Central Bank of Nigeria (CBN) established the exchange rate for the U.S. dollar at roughly 1628.48 naira. This represents an increase of 28.48 kobo from the previous day, though the value of the naira continues to decline.
| Dollar to Naira (USD to NGN) | CBN Rate Today |
|---|---|
| Buying Rate | N1628.48 |
| Selling Rate | N1629.48 |
Black Market Exchange Rate Today
According to Bureau De Change (BDC) sources, the current exchange rate for the U.S. dollar in the Lagos Parallel Market (black market) is N1,635.00 for buying and N1,645.00 for selling.
| Dollar to Naira (USD to NGN) | Black Market Rate Today |
|---|---|
| Buying Rate | N1660.00 |
| Selling Rate | N1675.00 |
Notice Please be aware that the Central Bank of Nigeria (CBN) does not officially acknowledge or support the foreign exchange rates found in the parallel market, often referred to as the black market. If you need to exchange foreign currency, the CBN recommends conducting these transactions through your designated bank.
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