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Dollar to Naira Exchange Rate Today February 5 2026
The dollar to naira exchange rate remains important for Nigerians. Many people check daily rates before buying or selling foreign currency. As a result, both black market and official rates attract attention.
Below is the latest update on the USD to NGN exchange rate. The figures are based on Bureau De Change data and official sources.
Dollar to Naira Black Market Rate Today
In the Lagos parallel market, also known as the black market, the dollar trades higher than the official rate. Therefore, many traders monitor Aboki FX prices closely.
As of Wednesday February 4 2026, the exchange rate is as follows:
Dollar to Naira Black Market Rate
Selling rate ₦1460
Buying rate ₦1440
This means dealers sell one dollar for ₦1460. Meanwhile, they buy at ₦1440.
Dollar to Naira Official CBN Rate Today
On the other hand, the Central Bank of Nigeria provides the official exchange rate. This rate applies to banks and regulated forex transactions.
Dollar to Naira CBN Rate
Highest rate ₦1365
Lowest rate ₦1348
However, the CBN does not recognize the black market. Instead, it advises individuals to use approved banks for foreign exchange.
Important Notice on Exchange Rates
Exchange rates change often. In addition, prices may differ by location and volume. Because of this, the actual rate you receive may vary slightly.
Always confirm rates before completing any transaction.
