Dollar to Naira Exchange Rate on February 20, 2026

On February 20, 2026, the dollar to naira exchange rate reflects a black market selling price of 1,350 naira and a buying price of 1,335 naira, as reported on February 19, 2026. The article emphasizes that the parallel market is not recognized by official banking institutions and advises individuals wishing to engage in currency exchange to approach banks directly.

This highlights the ongoing complexities in Nigeria's currency exchange landscape, where the black market rates often differ significantly from official rates, impacting economic transactions and financial planning for individuals and businesses.