Dollar to Naira Exchange Rate on August 30, 2026

On August 30, 2026, the dollar to naira exchange rate at the Lagos parallel market, also known as the black market, was reported at ₦1405 for selling and ₦1390 for buying, according to sources from the Bureau De Change. It is important to note that the Central Bank of Nigeria (CBN) does not recognize the parallel market and has directed individuals seeking to engage in foreign exchange transactions to approach their respective banks instead.

This situation highlights the ongoing complexities within Nigeria's currency exchange landscape, particularly the disparity between official rates and those available in the parallel market.