Dollar to Naira Exchange Rate on June 25, 2026

On Thursday, June 25, 2026, the naira remained relatively stable against the U.S. dollar in both the official and parallel foreign exchange markets, as traders watched liquidity conditions and foreign‑exchange supply.

According to the Nigerian Foreign Exchange Market (NFEM), the official rate hovered near ₦1,370 per dollar, with the most recent data showing the naira closed at roughly ₦1,372.76 per dollar on Wednesday’s session.

At that rate, $100 would convert to about ₦137,276, and $1,000 would be worth approximately ₦1.37 million.

In the parallel market, often called the black market, the dollar traded at about ₦1,395 per dollar for purchases and between ₦1,405 and ₦1,408 per dollar for sales, varying by location and dealer margins.

At these rates, $100 would convert to roughly ₦140,500–₦140,800.

The spread between official and parallel rates stayed relatively narrow compared with the larger gaps seen in earlier years, indicating ongoing efforts by