DOLLAR TO NAIRA as of Sunday, March 29, 2026, the Nigerian foreign exchange market continues to show variations between official and parallel market rates. The naira remains relatively stable within the Nigerian Foreign Exchange Market (NFEM), while the parallel market trades slightly higher.
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DOLLAR TO NAIRA: Exchange Rates Table
| Currency | Official Market Rate (₦) | Parallel / Black Market Rate (₦) | Mid-Market / Indicative Rate (₦) |
|---|---|---|---|
| US Dollar (USD) | ₦1,370 – ₦1,390 | ₦1,445 – ₦1,465 | ₦1,385 |
| Euro (EUR) | ₦1,500 – ₦1,520 | ₦1,660 – ₦1,700 | ₦1,685 |
| British Pound (GBP) | ₦1,790 – ₦1,820 | ₦1,960 – ₦2,000 | ₦1,980 |
| Chinese Yuan (CNY) | ₦188 – ₦192 | ₦198 – ₦203 | ₦200 |
| Japanese Yen (JPY) | ₦10.2 – ₦10.5 | ₦10.9 – ₦11.2 | ₦11.0 |
| Canadian Dollar (CAD) | ₦1,010 – ₦1,035 | ₦1,080 – ₦1,105 | ₦1,090 |
| Swiss Franc (CHF) | ₦1,500 – ₦1,525 | ₦1,600 – ₦1,630 | ₦1,615 |
| Saudi Riyal (SAR) | ₦365 – ₦370 | ₦385 – ₦392 | ₦388 |
| UAE Dirham (AED) | ₦370 – ₦375 | ₦390 – ₦395 | ₦392 |
Market Notes
The official exchange rate is determined by the Central Bank of Nigeria through the Nigerian Foreign Exchange Market (NFEM). Meanwhile, the parallel market rate reflects Bureau de Change and street trading across major cities.
The mid-market rate is a global benchmark used by international financial platforms and does not include local transaction charges.
Exchange rates may change during the day due to demand, supply, and market liquidity. Therefore, readers should confirm rates before making any foreign exchange transactions.
Stay with Sojworldnews for daily exchange rate updates and economic news.
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