The naira exchange rate today, Tuesday, 20 October 2026, shows a calm market. The Central Bank of Nigeria (CBN) rate sits near ₦1,333.76 per dollar. Meanwhile, street dealers quote the dollar at ₦1,370 to ₦1,375. As a result, the gap between both markets stays near ₦41.
In the black market, Aboki Forex lists the dollar at ₦1,370 to buy and ₦1,375 to sell. However, other trackers report higher quotes. For example, one platform shows a selling rate of ₦1,390. Therefore, buyers should confirm the live price with their bureau before any deal.
Dollar to naira rate today
| Market | Rate per $1 |
|---|---|
| CBN official rate | ₦1,333.76 |
| Black market (buy) | ₦1,370 |
| Black market (sell) | ₦1,375 |
| Gap (sell rate vs CBN) | About ₦41 |
Source: Aboki Forex, 20 October 2026, 3:06 a.m. WAT.
The pound remains the strongest of the major currencies against the naira. Dealers quote it near ₦1,800 in the parallel market. Likewise, the euro trades near ₦1,520 on indicative data. The Canadian dollar, in turn, hovers around ₦956. Note that the euro and Canadian dollar figures date from 17 October.
Other currencies against the naira
| Currency | Rate in naira |
|---|---|
| British Pound (GBP) | ₦1,800 |
Leave a Reply