Dollar to Naira Exchange Rate Today, June 25, 2026

On Thursday, June 25, 2026, the naira demonstrated relative stability against the United States dollar in both the official and parallel foreign exchange markets.

Market participants were closely observing liquidity conditions and the supply of foreign exchange. According to data from the Nigerian Foreign Exchange Market (NFEM), the official exchange rate remained around ₦1,370 to the dollar.

In the most recent trading session, the naira closed at approximately ₦1,372.76 per dollar, reflecting the ongoing market dynamics.

At the official rate, $100 would exchange for about ₦137,276, while $1,000 would be worth roughly ₦1.37 million.

In the parallel market, also known as the black market, the dollar traded at around ₦1,395 per dollar for buying and between ₦1,405 and ₦1,408 per dollar for selling, depending on location and dealer margins.

At the prevailing parallel market rate, $100 would exchange for approximately ₦140,500 to ₦140,800.

The spread between the official and parallel market rates remained relatively narrow compared with the significant gaps recorded in previous years, reflecting continued efforts by monetary authorities to improve liquidity and foster convergence in Nigeria’s foreign exchange market.

Foreign exchange analysts say movements in the naira will continue to depend on dollar inflows from oil exports, foreign portfolio investments, diaspora remittances and interventions by the Central Bank of Nigeria in the currency market.

As of today, June 25, 2026, the indicative exchange rates are:

Official NFEM rate: approximately ₦1,372.76 per US dollar.

Parallel market rate: approximately ₦1,395/$ (buy) and ₦1,405-₦1,408/$ (sell).