Here are the exchange rates for the Naira today (2026) below with examples from several major exchange rates showing black market and mid-market (foreign):
💱 Dollar to Naira exchange rates (USD → NGN)
Mid-market (shown by companies like Wise):
1 USD ≈ ₦1,395 – ₦1,396 (world exchange rate without additional fees)
Wise
💱 Black Market / Market Rates (market name “Friend Dollar”)
♦ This is roughly what people get on the mobile market in Nigeria:
Friend Dollar
1 USD ≈ ₦1,480 – ₦1,482
1 GBP (British Pound) ≈ ₦1,880 – ₦1,885
1 EUR (Euro) ≈ ₦1,620 – ₦1,625
Other currencies like CAD (Canadian Dollar), ZAR (South African Rand), AED (Dirham) have their own rates.
Dollar Friend
📌 Note: Market rates are not as reliable as bank rates, and can change from day to day, or from location to location.
🧠Interesting fact
In Nigeria, there is a difference between official / bank rates and parallel / black market rates due to the lack of forex and different requirements.
Wikipedia
If you exchange money at a bank or other official system, you will usually get bank / NAFEX rates, which are often lower than the black market.
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