The naira opened Tuesday’s trading session on a broadly steady note, and traders across Lagos, Abuja and Port Harcourt continued to track both the official and parallel windows closely. As a result, importers, students and everyday Nigerians keep adjusting their budgets while the gap between the two markets persists. Below, we break down today’s official exchange rate, the black market rate, other major currencies, and the latest movements in leading cryptocurrencies.
Naira exchange rate today July 14 2026: Official CBN Exchange Rate Today
According to data from the Central Bank of Nigeria’s official window, the naira traded at approximately ₦1,383.90 to the dollar on the Nigerian Foreign Exchange Market (NFEM) today. This figure represents a modest adjustment from the ₦1,382.33 recorded on Monday, July 13, and it shows that the official rate has continued to hold within a fairly narrow band this week. Meanwhile, the table below lists today’s official rates for other major currencies against the naira.
| Currency | Code | Buying (₦) | Selling (₦) | Trend |
|---|---|---|---|---|
| US Dollar | USD | 1,379.50 | 1,383.90 | ▲ |
| British Pound | GBP | 1,848.20 | 1,855.60 | ▲ |
| Euro | EUR | 1,551.40 | 1,557.90 | ▲ |
| Canadian Dollar | CAD | 1,004.30 | 1,010.70 | ▲ |
| Chinese Yuan | CNY | 190.80 | 192.40 | ▼ |
| South African Rand | ZAR | 75.30 | 76.60 | ▲ |
| UAE Dirham | AED | 375.60 | 378.90 | ▲ |
| Ghanaian Cedi | GHS | 92.40 | 94.10 | ▼ |
Rates reflect the CBN/NFEM benchmark window and may shift slightly by close of trading.
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Naira exchange rate today July 14 2026: Black Market (Parallel Market) Rates Today
Outside the banking system, dealers continued to quote higher figures for the dollar, and this gap keeps widening as demand for foreign exchange consistently outstrips supply among businesses that lack access to official channels. Consequently, the parallel market, widely known as the black market or “aboki” rate, remains the everyday reference point for most transactions. Today, dealers in Lagos and Abuja quoted the dollar at roughly ₦1,412 for buying and ₦1,428 for selling, though rates naturally vary from one location and dealer to another.
| Currency | Code | Buying (₦) | Selling (₦) | Trend |
|---|---|---|---|---|
| US Dollar | USD | 1,412.00 | 1,428.00 | ▲ |
| British Pound | GBP | 1,865.00 | 1,895.00 | ▲ |
| Euro | EUR | 1,585.00 | 1,605.00 | ▲ |
| Canadian Dollar | CAD | 1,025.00 | 1,050.00 | ▲ |
| UAE Dirham | AED | 378.00 | 393.00 | ▼ |
| Chinese Yuan | CNY | 194.00 | 199.00 | ▲ |
| Ghanaian Cedi | GHS | 93.50 | 96.00 | ▼ |
Parallel market rates come from dealer quotes in Lagos, Abuja and Kano and can change hourly. Always confirm rates with a licensed BDC before transacting, since street rates carry inherent risk.
SEE ALSO: Naira Exchange Rate Today — Monday, July 13, 2026
Other Major and Regional Currencies
Beyond the naira pairings, global currency markets moved in mixed directions today, and analysts continue to link much of the movement to ongoing geopolitical tensions in the Middle East as well as expectations around the U.S. Federal Reserve’s next policy meeting. The table below rounds up today’s cross-rates against the U.S. dollar for readers who track international currencies.
| Currency | Code | Rate | Trend |
|---|---|---|---|
| Euro | EUR | 0.878 | ▼ |
| British Pound | GBP | 0.752 | ▼ |
| Japanese Yen | JPY | 148.90 | ▲ |
| Swiss Franc | CHF | 0.933 | ▲ |
| Canadian Dollar | CAD | 1.260 | ▲ |
| Indian Rupee | INR | 85.60 | ▲ |
| South African Rand | ZAR | 17.85 | ▼ |
Cross-rates are sourced from mid-market data and are provided for general reference only.
Crypto Rates Today
Meanwhile, Nigerians who trade stablecoins and major cryptocurrencies to hedge against naira volatility saw prices dip slightly today as renewed Middle East tensions pushed investors toward the dollar. Bitcoin slipped below the $63,500 mark, while Ethereum eased toward $1,780. Furthermore, stablecoins such as USDT and USDC continued trading close to parity with the dollar, and this stability explains why many P2P traders quote crypto rates as a proxy for black market dollar rates.
| Asset | Symbol | Price (USD) | 24h Change |
|---|---|---|---|
| Bitcoin | BTC | $63,410.20 | -0.52% |
| Ethereum | ETH | $1,781.30 | -1.45% |
| Tether | USDT | $1.00 | +0.01% |
| USD Coin | USDC | $1.00 | -0.01% |
| BNB | BNB | $567.30 | -1.75% |
| XRP | XRP | $1.07 | -1.29% |
| Solana | SOL | $75.80 | -1.74% |
Crypto prices reflect USD spot values and fluctuate continuously; always verify live rates before trading.
What’s Driving the Naira Today
Several factors continue to shape today’s currency movement. First, rising crude prices, pushed up by tensions in the Middle East, are lifting Nigeria’s export revenue outlook, and this in turn offers modest support to the naira. However, persistent demand for dollars among importers keeps pressure on the parallel market, and this pressure explains why the gap between the official and black market rates has not closed. In addition, analysts expect the CBN to maintain its current intervention strategy in the coming days, since inflation concerns still weigh heavily on policy decisions. Meanwhile, global investors are also awaiting fresh signals from the U.S. Federal Reserve, and this uncertainty continues to ripple through emerging-market currencies, including the naira.
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