The dollar to naira rate today, Monday, 2 November 2026, shows a ₦42 gap between the two markets. The CBN rate sits near ₦1,346.26 per dollar. Meanwhile, street dealers quote the dollar at ₦1,382 to buy and ₦1,388 to sell. The official rate has also strengthened by about ₦16 since last Monday, when it stood near ₦1,361.84.
In the black market, trackers show slightly different quotes. For example, some dealers sell the dollar at ₦1,390. Therefore, confirm the live price with your bureau before any deal.
Dollar to naira rate today
| Market | Rate per $1 |
|---|---|
| CBN official rate | ₦1,346.26 |
| Black market (buy) | ₦1,382 |
| Black market (sell) | ₦1,388 |
| Other dealers (sell) | ₦1,385 to ₦1,390 |
| Gap (sell rate vs CBN) | About ₦42 |
Sources: Aboki Forex (2 November, 3:06 a.m. WAT), CBN data and Within Nigeria.
The pound remains the strongest of the major currencies against the naira. It trades between ₦1,815 and ₦1,850 in the black market, against ₦1,803.58 at the CBN. Likewise, the euro sits near ₦1,560, against ₦1,503.23 at the CBN. The Canadian dollar, in turn, stands near ₦986, slightly below the CBN rate of ₦990.
Other currencies against the naira
| Currency | Black market | CBN rate |
|---|---|---|
| British Pound (GBP) | ₦1,815 to ₦1,850 | ₦1,803.58 |
| Euro (EUR) | About ₦1,560 | ₦1,503.23 |
| Canadian Dollar (CAD) | About ₦986 | ₦990 |
Sources: Aboki Forex and Nairatoday, 1 November 2026. Black market rates are indicative.
Crypto markets rebounded modestly after a weak October. Bitcoin fell about 7.3% last month, then climbed to near $78,600 early on Monday. Ethereum rose to about $2,306. In addition, Binance reopened withdrawals on Sunday after a reported $6 billion hack. Consequently, one bitcoin equals about ₦109 million at ₦1,385 per dollar.
Crypto prices today
| Coin | Price (USD) | 24-hour change |
|---|---|---|
| Bitcoin (BTC) | $78,600 | +1.0% |
| Ethereum (ETH) | $2,306 | +1.8% |
| BNB (BNB) | $714 | +1.5% |
| XRP (XRP) | $1.26 | +0.8% |
| Solana (SOL) | $95 | +0.1% |
Prices as of early Monday, 2 November 2026, from public crypto trackers.
Rates change quickly, so check with your bank or bureau before you trade. Furthermore, remember that the CBN does not recognise black market rates. Sojworldnews will update this report as the market moves. This article offers general information and is not financial advice.
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