News Rain Nigeria has provided an update on the official CBN Dollar To Naira exchange rate today, which also includes exchange rates of Pounds to Naira, Euro to Naira, and more popular currencies used by Nigerians.
IMPORTANT NOTICE: Please keep in mind that the Central Bank of Nigeria (CBN) does not recognize the parallel market (black market) and has recommended individuals interested in Forex contact their respective banks before proceeding.
The parallel exchange rate (black market rate) always differs from the CBN rate. The exchange rate between the USD and the Nigerian Naira significantly impacts the Nigerian economy.
The CBN Dollar to naira exchange rate today: The exchange rate for a dollar to naira at the official window is N776.9.00 as of Friday, 1st September 2023, according to the data published by CBN.
The CBN exchange rate of dollar to naira today, according to the data posted on the Central Bank of Nigeria (CBN) Currency Exchange Rate where forex is official is as follows:
| Date | Currency | Buying(NGN) | Central(NGN) | Selling(NGN) |
|---|---|---|---|---|
| 8/31/2023 | US DOLLAR | 756.523 | 757.023 | 757.523 |
| 8/31/2023 | POUNDS STERLING | 958.6659 | 959.2995 | 959.9331 |
| 8/31/2023 | EURO | 820.5248 | 821.0671 | 821.6094 |
| 8/31/2023 | SWISS FRANC | 855.0215 | 855.5866 | 856.1517 |
| 8/31/2023 | YEN | 5.1583 | 5.1618 | 5.1652 |
| 8/31/2023 | CFA | 1.3265 | 1.3365 | 1.3465 |
| 8/31/2023 | WAUA | 1077.7789 | 1078.4912 | 1079.2035 |
| 8/31/2023 | RIYAL | 201.6964 | 201.8297 | 201.963 |
| 8/31/2023 | DANISH KRONA | 110.0797 | 110.1525 | 110.2252 |
| 8/31/2023 | SDR | 1006.2512 | 1006.9163 | 1007.5813 |
Below you can see the chart for the Nigerian Naira rate today compared to the Dollar.
| 1 USD = 776.9989 NGN |
| 1 Dollars = 776.9989 Nigerian Naira |
| The USDNGN rate as of 1 Sep 2023 at 9:32 AM |
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