Dollar to Naira Exchange Rate Today, September 8, 2026

The dollar continues to trade at different levels in Nigeria’s official and parallel foreign exchange markets. The latest available data puts the official Nigerian Foreign Exchange Market rate at about 1,321.68 naira per U.S. dollar.

In the parallel market, dealers quote the dollar at approximately 1,395 naira to buy and 1,405 naira to sell. That means Bureau de Change operators would pay about 1,395 naira for each dollar sold to them, while customers buying dollars would pay around 1,405 naira.

At the official rate, $100 is worth approximately 132,168 naira. Buying the same amount in the parallel market at the quoted selling rate would cost about 140,500 naira. At the parallel selling rate, $1,000 would cost approximately 1.405 million naira.

The naira’s recent performance has been influenced by foreign-exchange developments, including dollar liquidity and external reserves. Earlier reports showed the currency strengthening to around 1,315 naira per dollar in the official market, its strongest performance in about two years at the time. Parallel-market rates can vary by location, transaction size and dealer, so Nigerians buying or selling dollars should confirm the current rate before completing a transaction.