Dollar To Naira Today: Exchange Rate For August 21, 2026

The Nigerian naira traded at different rates against the United States dollar at the parallel market on Thursday, August 20, 2026, with the black-market rate remaining above the official exchange rate.

According to Ireporter Online, checks with Bureau De Change (BDC) operators in Lagos showed that traders were selling one US dollar for ₦1,415 and buying it at ₦1,405.

This means customers looking to sell dollars could receive about ₦1,405 for every $1, while those purchasing the US currency from parallel-market operators would pay approximately ₦1,415 per dollar.

Meanwhile, the official Central Bank of Nigeria (CBN) exchange rate remained lower, with the dollar trading within a range of ₦1,347 to ₦1,351.

The CBN does not recognise the parallel or black market for official foreign exchange transactions and has continued to advise individuals seeking forex to use authorised financial institutions.

It is important to note that foreign exchange rates can vary depending on the location, dealer and prevailing market conditions. Consequently, the actual rate offered by a BDC operator or other forex dealer may differ from the figures stated above.