Naira Exchange Rate Today, 29 September 2026: Dollar, Pound and Euro Rates
The naira exchange rate today, Tuesday, 29 September 2026, shows the dollar at ₦1,331.33 in the official market. However, the parallel market rate is higher. Dealers are buying the dollar at ₦1,375 and selling it at ₦1,382.
This report covers both the CBN official rates and the black market rates. It also includes the pound, euro and other major currencies. As a result, you can compare every rate in one place.
Black Market Rates Today (Parallel Market)
The table below shows the average black market rates for today. Dealers collect these rates across Lagos, Abuja, Kano and Port Harcourt.
| Currency | Buy (₦) | Sell (₦) |
|---|---|---|
| US Dollar (USD) | 1,375 | 1,382 |
| British Pound (GBP) | 1,840 | 1,860 |
| Euro (EUR) | 1,545 | 1,560 |
| Canadian Dollar (CAD) | 1,000 | 1,050 |
| Australian Dollar (AUD) | 850 | 1,000 |
| UAE Dirham (AED) | 370 | 385 |
| Chinese Yuan (CNY) | 190 | 210 |
| South African Rand (ZAR) | 70 | 90 |
| Ghanaian Cedi (GHS) | 100 | 115 |
| West African CFA Franc (XOF) | 2,350 | 2,390 |
| Central African CFA Franc (XAF) | 2,250 | 2,300 |
Rates as of 05:06 WAT, 29 September 2026. The CFA figures are per 1,000 units.
Official CBN Exchange Rates Today
The Central Bank of Nigeria (CBN) publishes the official rates that banks use. Here are today’s figures for major currencies.
| Currency | Official Rate (₦) |
|---|---|
| US Dollar (USD) | 1,331.33 |
| British Pound (GBP) | 1,766.01 |
| Euro (EUR) | 1,512.79 |
| Swiss Franc (CHF) | 1,600.35 |
| Chinese Yuan (CNY) | 198.39 |
| Saudi Riyal (SAR) | 354.61 |
| South African Rand (ZAR) | 81.21 |
| Japanese Yen (JPY) | 8.47 |
| West African CFA Franc (XOF) | 2.31 |
What Today’s Dollar to Naira Rate Means
The gap between the two markets is about ₦44 per dollar today. The black market buy rate is ₦1,375, while the official rate is ₦1,331.33. On 24 September, the gap was about ₦47. Therefore, the difference has narrowed slightly.
The naira has also gained over the past month. One tracker shows the dollar sell rate falling from ₦1,405 on 2 September to ₦1,382 now. That is a drop of about 1.6 percent.
Why the Black Market Rate Is Higher
The black market rate is higher because demand for dollars is greater than supply. Many people cannot get dollars from banks at the official rate. For example, students, traders and travellers often turn to street dealers instead.
In addition, the parallel market sets its rates freely. Dealers change prices based on demand during the day. Meanwhile, the CBN updates its official rates once each business day.
Quick Dollar to Naira Conversion Table
Use this table for a fast estimate at the black market rate of ₦1,375 per dollar.
| Amount (USD) | Naira Value (₦) |
|---|---|
| $10 | 13,750 |
| $50 | 68,750 |
| $100 | 137,500 |
| $500 | 687,500 |
| $1,000 | 1,375,000 |
Tips Before You Exchange Money
- First, confirm the exact rate with your dealer before you pay.
- Second, use a licensed Bureau de Change (BDC) or your bank when possible.
- Also, count your cash carefully before you leave.
- Finally, avoid deals that look too good to be true.
Note: Rates vary by dealer, location and transaction size. This report is for information only. It is not financial advice. Rate data comes from Aboki Forex and the Central Bank of Nigeria.
Check back daily on SOJWORLDnews for the latest naira, dollar and crypto rates.
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