Dollar to Naira Exchange Rate on August 27, 2026

On August 27, 2026, the exchange rate for the dollar to naira at the Lagos parallel market was reported at ₦1407 for selling and ₦1395 for buying, according to sources at Bureau De Change (BDC). The Central Bank of Nigeria (CBN) does not recognize the parallel market, also known as the black market, and has directed individuals seeking to engage in foreign exchange transactions to approach their respective banks instead.

This information reflects the ongoing dynamics of currency exchange in Nigeria, particularly in the context of the black market's operations and the CBN's regulatory stance.