Dollar to Naira Rate Today (10 November 2026): Official & Black Market Converter

If you’re sending money, paying school fees or just checking the naira’s value, you’ll find the official CBN rate and the black (parallel) market rate here, all in one spot.

You can also have a look at today’s cryptocurrency exchange rate to naira.

Dollar, Pounds and Euro to Naira Official & Black Market Rates – 10 Nov 2026

Buy rate (₦1,415): what the dealer pays when they buy dollars from you. Use it when you have dollars and want naira.

Sell rate (₦1,425): what the dealer charges when they sell dollars to you. Use it when you have naira and want dollars.

Sources: official rates from the Central Bank of Nigeria (CBN) and averages of dealer quotes collected by Aboki Forex. Checked and updated every morning by Oluboba Ayodeji.

Official CBN and Black Markert Dollar to Naira Converter

How Much Is $1 to $1000 in Naira Today from the Black Market?

Analysis How the Naira Moved in the Past Days

Why Official and Black Market Rates Differ

The official rate is determined through trades in the Nigerian Foreign Exchange Market (NFEM). The Central Bank of Nigeria (CBN) determines it based on the average of trades made that day, weighted on size. It is used by banks and licensed dealers.

The black market rate is the price charged by the Bureau De Change (BDC) dealers and street dealers. This happens when the demand for cash dollars, pounds or euros exceeds what the banks have in stock. The greater the shortage, the higher the disparity between the two rates.

5 Things to Check Before You Exchange Money

1) Comparison to the official exchange rate. If there is a large difference between the quoted and table rates, ask why.

2) The proper side of the rate. When purchasing dollars, check the sell rate; if selling dollars, check the buy rate.

3) Check for possible fees. Some currency transactions do not include commissions or transfer charges in the quote.

4) Use licensed currency dealers. A licensed BDC or your own bank are more reliable; there is always a danger of counterfeit bills or other schemes from street dealers.

5) Do not rush when exchanging large sums. If possible, compare quotes over 2-3 days.

FAQs on Dollar, Pounds and Euro to Naira Exchange Rates

What’s the dollar to naira rate today?

As of 10 Nov 2026, $1 is ₦1,349.34 at the official CBN rate and ₦1,425 on the black market. The full table, including pounds and euros, is at the top of this page.

How much is $100 in naira today?

As of 10 Nov 2026, $100 is about ₦134,934 at the official rate and ₦142,500 at the black market selling rate. The conversion table near the top shows $1 to $1,000.

Why do black market rates differ?

Since there is higher demand for cash dollars, pounds and euros than banks can easily provide, dealers ask for a premium.

Why does the official rate not change during weekends?

The official market does not operate on Saturdays, Sundays or public holidays. So, the rate remains the same until the next trading day.

Where is the best place to exchange dollars or pounds in Nigeria?

It is safer to exchange currencies in banks or licensed Bureau De Change. However, if you need cash quickly, street dealers are still used.

What does Bureau De Change mean?

Bureau De Change is a licensed dealer in foreign currencies who earns from the difference between the buying and selling rate.

Are exchange rates volatile?

Yes. The rates fluctuate on a daily basis based on market trends, CBN policies and world events. Always verify before exchanging.

What is the easiest way to keep up with exchange rates?

Bookmark this page or subscribe to the newsletter for updates and money-saving tips.

That was all for today’s rates. Now you have all the information regarding the conversion of the dollar, pound, and euro to naira.

Rates may fluctuate so always verify before making a transaction or exchanging money. I update this page daily so bookmark it.