Connecting…  ·  Updated:

Live Naira Exchange Rates

Official CBN/NAFEM vs parallel (black market) rates for USD, GBP, EUR, CAD, CNY and more — refreshed every minute.

Quick Converter

Full converter with 35+ currencies →
Rate type:

—

Historical Chart

Price Alerts

Browser notification when a rate crosses your target.

    Explore Markets

    Commodities

    Live gold, crude oil, cocoa, coffee, natural gas, wheat & more with TradingView charts.

    Crypto in Naira

    BTC, ETH, BNB, SOL and 20+ coins priced in NGN & USD. Market cap, 24h change.

    Forex Pairs

    Major, minor & exotic pairs including all NGN pairs. Interactive TradingView charts.

    Currency Converter

    Convert between 35+ currencies at official or parallel market rates — free, no sign-up.

    About Naira Exchange Rates

    Naira FX Tracker provides real-time exchange rates for the Nigerian Naira (NGN) against the world's major currencies — US Dollar (USD), British Pound Sterling (GBP), Euro (EUR), Canadian Dollar (CAD), Chinese Yuan (CNY), South African Rand (ZAR), Ghanaian Cedi (GHS), and UAE Dirham (AED).

    For every pair we display two rates side-by-side: the official rate from the Central Bank of Nigeria's NAFEM / I&E window, and the parallel market rate — also known as the black market, aboki rate, or BDC rate — set by Bureau de Change operators and street traders outside the official CBN channel.

    Why two rates exist in Nigeria

    Nigeria operates a managed-float exchange rate regime. When demand for foreign currency exceeds official CBN supply, a premium builds in the parallel market. This spread — which has ranged from under 1% to over 60% in recent years — is important information for importers, exporters, students paying overseas tuition, travellers, diaspora remittance senders, and businesses managing FX exposure.

    How rates are sourced

    Official rates are fetched from live interbank FX data feeds and cross-referenced with publicly available CBN/NAFEM figures. Parallel market rates are aggregated from BDC operator quotes across Lagos (Victoria Island, Murtala Muhammed Airport), Abuja (Wuse 2), and Port Harcourt. Cross rates for non-USD pairs are computed from live interbank pricing.

    Disclaimer

    All rates displayed are indicative only and provided for informational purposes. They do not constitute an offer to buy or sell foreign currency. Always confirm actual transactable rates with your bank or a licensed Bureau de Change. Naira FX Tracker is not affiliated with the Central Bank of Nigeria and is not a money services business.

    Frequently Asked Questions

    What is the dollar to naira rate today?

    The live USD/NGN rate — both the official CBN/NAFEM rate and the parallel (black market) BDC rate — is shown at the top of this page and refreshes every minute.

    What is the black market or parallel market naira rate?

    The parallel or black market rate is what Bureau de Change (BDC) operators and street traders charge for foreign currency outside the official CBN window. It is shown as "Parallel" on every rate card and is typically 1–5% above the official rate, though the gap can widen during FX policy shifts.

    What is the pound to naira (GBP/NGN) rate?

    The live GBP/NGN rate — official and parallel — is shown on the GBP card above. It is computed from the live GBP/USD cross rate multiplied by the USD/NGN official rate.

    How often are the rates updated?

    Official rates refresh every 60 seconds during market hours using live interbank FX data. Parallel market rates are updated multiple times daily based on BDC operator quotes from Lagos, Abuja, and Port Harcourt.

    Can I set a rate alert for the dollar?

    Yes. Use the Price Alerts section above. Set your pair (e.g. USD/NGN), condition (above or below), and your target rate in Naira. You will receive a browser notification when the rate crosses your target.

    Can I install this as a mobile app?

    Yes — Naira FX Tracker is a Progressive Web App (PWA). Tap Install App in the header, or use your browser's "Add to Home Screen" option. It works offline using last-cached rates.

    Is this the official CBN website?

    No. This is an independent rate aggregator, not affiliated with the Central Bank of Nigeria. For official CBN rates and licensed FX transactions, visit cbn.gov.ng or contact your bank.