Dollar to Naira Exchange Rate Today: Latest Black Market and CBN Rates for March 22, 2026

If you are looking to convert your United States Dollars into Nigerian Naira, staying updated on the current market value is essential for getting the best deal. 

As of today, March 22, 2026, there remains a notable difference between the official bank rates and the informal currency market.

In the Lagos Parallel Market, popularly referred to by many as the Aboki FX rate, street traders and Bureau De Change (BDC) operators are currently transacting at specific margins. 

For those looking to sell dollars, the buying rate from these vendors is approximately ₦1,395.

Conversely, if you need to purchase dollars for travel or business, the selling rate is quoted at ₦1,410.

These figures reflect the supply and demand within the unregulated sector, which often moves independently of government mandates.

It is vital for every Forex enthusiast to understand the stance of the Central Bank of Nigeria (CBN).

The nation's top financial regulator does not officially recognize these black market fluctuations.

Instead, the CBN encourages all citizens and businesses to process their foreign exchange needs through commercial banks to ensure transparency. 

While the parallel market offers speed, the official channels remain the legally sanctioned path for currency conversion.