Official (NFEM): ₦1,346.26/$ · Black market: ₦1,386.36/$ (selling). Figures from The Trumpet’s latest daily report, published November 2, 2026. The official rate is the CBN’s Friday, October 30 average; the parallel market rate is from Sunday, November 1. The gap between the two was about ₦40 per dollar.
How much is $100, $500 and $1,000 in naira?
| Dollars | Official rate (₦1,346.26) | Black market selling (₦1,386.36) |
|---|---|---|
| $100 | ₦134,626 | ₦138,636 |
| $500 | ₦673,128 | ₦693,180 |
| $1,000 | ₦1,346,257 | ₦1,386,360 |
Figures are rounded. Banks and bureau de change operators may add their own charges.
Recent dollar to naira rates
| Date | Official (NFEM) | Black market (selling) | Report |
|---|---|---|---|
| 2 Nov 2026 | ₦1,346.26 (Oct 30 average) | ₦1,386.36 | Read |
| 31 Oct 2026 | ₦1,346 | ₦1,384.31 | Read |
| 30 Oct 2026 | — | ₦1,385 | Read |
| 29 Oct 2026 | ₦1,346.05 | ₦1,385 | Read |
| 28 Oct 2026 | — | ₦1,390 | Read |
| 22 Oct 2026 | ₦1,331.45 | ₦1,375 | Read |
| 19 Oct 2026 | — | ₦1,390 | Read |
| 14 Oct 2026 | ₦1,332 | ₦1,375 | Read |
| 9 Oct 2026 | ₦1,329.34 | ₦1,385 | Read |
| 8 Oct 2026 | ₦1,331.77 | ₦1,375 | Read |
| 1 Oct 2026 | — | ₦1,370 | Read |
| 29 Sep 2026 | ₦1,321.44 | ₦1,385 | Read |
| 22 Sep 2026 | ₦1,329.80 | ₦1,389 | Read |
| 9 Sep 2026 | — | ₦1,410 | Read |
A dash means that day’s report quoted only the parallel market rate.
What is moving the naira
- 8 Oct 2026: World Bank says the naira held up better than several African currencies in 2026, falling by at most 2.6% between March and June. Read
- 22 Sep 2026: CBN cuts its benchmark interest rate by 350 basis points to 23%, its biggest cut on record. Read
- 18 Aug 2026: CBN says foreign reserves have risen above $52.5 billion, a 17-year high. Read
More daily reports: all dollar to naira updates. See also petrol price today in Nigeria and all Trumpet live trackers.
Dollar to naira: frequently asked questions
What is the dollar to naira exchange rate today?
In The Trumpet's latest report (November 2, 2026), the official NFEM rate was ₦1,346.26 per dollar (Friday, October 30 average) and the parallel market selling rate was about ₦1,386.36 per dollar (Sunday, November 1).
What is the difference between the official and black market rates?
The official rate comes from the Nigerian Foreign Exchange Market (NFEM), published by the Central Bank of Nigeria. The black market (parallel market) rate is what bureau de change operators charge. The gap was about ₦40 per dollar in early November 2026.
How much is $100 in naira today?
At the latest reported rates, $100 is about ₦134,626 at the official rate or about ₦138,636 at the parallel market selling rate.
Why is there no official rate at weekends?
The NFEM generally does not publish fresh official rates over the weekend, so weekend reports use the last official rate from Friday.
How much are Nigeria's foreign reserves?
The CBN said Nigeria's foreign reserves rose above $52.5 billion as of July 17, 2026, a 17-year high.
Official exchange rate data is published by the Central Bank of Nigeria (CBN). For daily rate updates, follow us on X.
The Trumpet updates this page with each daily exchange rate report. The date at the top shows the last change.
