SOJWORLDnews • Markets Desk
Currency News Today: Naira, Dollar, Pound, Euro and Crypto Rates (Thursday, 1 October 2026)
The naira gained ground today, and the gap with the street rate shrank again.
Welcome to your currency news today for Thursday, 1 October 2026. The naira gained ground against the dollar, pound and euro. Meanwhile, the gap between the official and black market rates narrowed again.
Below, you will find the official rates, the black market rates and the latest crypto prices. We also explain what the numbers mean for you.
Naira to Dollar Rate Today
In the official market, the dollar traded at about ₦1,330.47. Better dollar supply helped the naira. In fact, interbank trading volume jumped sharply this week.
On the parallel market, dealers sold the dollar for about ₦1,390. Buyers paid around ₦1,375. As a result, the gap with the official rate shrank to roughly ₦45.
Analysts link the narrower gap to stronger liquidity at the Central Bank. However, rates still differ by city and by dealer.
Currency Table: Official and Black Market Rates
This table shows how the main currencies traded against the naira today. Rates change through the day. Therefore, always confirm with your bureau de change before you trade.
| Currency | Official (CBN) | Black Market Buy | Black Market Sell |
|---|---|---|---|
| 🇺🇸 US Dollar (USD) | ₦1,330.47 | ₦1,375 | ₦1,390 |
| 🇬🇧 British Pound (GBP) | ₦1,760.62 | ₦1,850 | ₦1,880 |
| 🇪🇺 Euro (EUR) | ₦1,509.56 | ₦1,550 | ₦1,590 |
| 🇨🇦 Canadian Dollar (CAD) | ₦990.00 | ₦991 | ₦1,000 |
Pound, Euro and Canadian Dollar Against the Naira
The pound traded near ₦1,761 in the official window. On the street, it sold for about ₦1,880. The euro held near ₦1,510 officially. Traders quoted it between ₦1,550 and ₦1,590 on the parallel market.
The Canadian dollar sold for about ₦1,000 on the street. Many Nigerians buy it for study and travel. Consequently, its rate matters to a wide audience.
More Currencies Against the Naira
Here are more currencies for travellers, students and traders. These are indicative rates, so they sit close to the official window. Street dealers often charge a little more.
| Currency | Buy | Sell |
|---|---|---|
| 🇨🇭 Swiss Franc (CHF) | ₦1,594.67 | ₦1,595.87 |
| 🇸🇦 Saudi Riyal (SAR) | ₦354.05 | ₦354.32 |
| 🇩🇰 Danish Krone (DKK) | ₦201.78 | ₦201.93 |
| 🇯🇵 Japanese Yen (JPY) | ₦8.45 | ₦8.46 |
| 💱 IMF Special Drawing Right (SDR) | ₦1,806.56 | ₦1,807.91 |
| 🌍 ECOWAS Unit of Account (WAUA) | ₦1,808.34 | ₦1,809.70 |
Crypto Prices Today: Bitcoin, Ethereum and More
Bitcoin held steady near $83,400 today. Rising US bond yields kept buyers cautious. Ethereum traded near $2,684, while XRP stayed close to $1.49.
Tether (USDT) stayed near $1. For that reason, many Nigerians still use it to protect their savings from naira swings.
| Cryptocurrency | Price in USD | Approx. Price in Naira |
|---|---|---|
| ₿ Bitcoin (BTC) | $83,383 | ₦110.9 million |
| Ξ Ethereum (ETH) | $2,684 | ₦3.57 million |
| BNB | $767 | ₦1.02 million |
| Solana (SOL) | $118 | ₦157,000 |
| XRP | $1.49 | ₦1,982 |
| Dogecoin (DOGE) | $0.094 | ₦125 |
| Tether (USDT) | $1.00 | ₦1,330 |
Crypto prices move fast. They were taken from market trackers this morning, so check a live exchange before you buy or sell.
What This Means for Nigerians
First, the small spread between the official and street rates is good news. It reduces the pressure on importers and students who pay fees abroad.
Second, a stronger naira helps families plan their budgets.
Still, you should compare rates before you exchange money. In addition, avoid dealing with strangers online, because scams are common.
Final Word
That is your currency news today. The naira strengthened, the black market premium stayed small, and Bitcoin held steady. Follow SOJWORLDnews for daily naira, dollar and crypto rate updates.
Disclaimer: Rates are for information only. They vary by location and dealer. This post is not financial advice.
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