Dollar To Naira Exchange Rate Today, February 16th, 2026

Also Read

 

Are you searching for the Dollar to Naira exchange rate today in the black market, also known as the parallel market (Aboki FX)? Here is the latest update for Monday, 16th February 2026.

Many Nigerians monitor the USD to NGN black market rate daily to stay informed before exchanging foreign currency. Below are the current rates gathered from Bureau De Change (BDC) operators in Lagos.

Dollar to Naira Exchange Rate Today — Black Market (Aboki FX)

According to sources at the Lagos Parallel Market, the Dollar to Naira black market rate today is:

• Selling Rate: ₦1400 per dollar

• Buying Rate: ₦1375 per dollar

This means BDC operators sell one US dollar at ₦1400 and buy at ₦1375 on Monday, 16th February 2026.

Dollar to Naira CBN Official Rate Today

The official exchange rate from the Central Bank of Nigeria (CBN) shows the following range:

• Highest Rate: ₦1358

• Lowest Rate: ₦1353

It is important to note that the CBN does not recognize the parallel (black) market. The apex bank has consistently advised individuals and businesses seeking foreign exchange (Forex) to process transactions through authorized commercial banks.

Black Market vs CBN Rate — Key Differences

The difference between the CBN official rate and the black market Dollar to Naira rate is influenced by demand and supply in the foreign exchange market. While the official rate is regulated, the parallel market rate fluctuates based on market forces.

Important Notice

Please note that the exchange rate at which you buy or sell dollars may differ slightly from the figures stated above. Forex rates vary depending on location, volume, and market conditions.

For daily updates on the Dollar to Naira exchange rate, always confirm from trusted BDC operators or your bank before making transactions.