Naira to Dollar exchange rate today, Tuesday, June 30, 2026

The Nigerian naira traded at ₦1,379.80 against the United States dollar at the official Nigerian Foreign Exchange Market (NFEM) on Tuesday, June 30, 2026, according to the latest data released by the Central Bank of Nigeria (CBN).

The latest exchange rate shows that Naira has continued to hover within the ₦1,370 to ₦1,380 range recorded in recent trading sessions, as investors and market participants closely monitor foreign exchange liquidity and demand for the greenback.

Parallel market rates remain slightly higher

In the parallel market, commonly referred to as the black market, the dollar exchanged at about ₦1,385 for buying and ₦1,400 for selling in key trading centres such as Lagos and Abuja, based on figures obtained from currency dealers and market trackers.

At these rates, Nigerians seeking to purchase $100 from the black market would spend approximately ₦140,000. By comparison, the same amount would cost about ₦137,980 at the official NFEM rate.

Gap between both markets narrows

The difference between the official and parallel market exchange rates remained relatively modest at around ₦20 per dollar, indicating continued stability in the foreign exchange market.

The narrow spread contrasts sharply with the wider gaps witnessed in previous months, suggesting improved liquidity and a more balanced supply and demand situation in the currency market.

However, exchange rates may still differ slightly across commercial banks, bureaux de change and parallel market locations depending on transaction volumes, demand levels and prevailing market conditions.