Skip to content
USD/NGN Official₦1,478=
USD/NGN Parallel₦1,545▲ 0.4%
USDT/NGN₦1,538▲ 0.3%
Gap4.5%par./off.
Inflation22.9%y/y
MPR26.25%CBN
NGX ASI142,380▲ 0.8%
Brent$67.40▼ 0.6%
S&P 5005,842▲ 0.5%
Nasdaq 10021,140▲ 0.7%
USD/NGN Official₦1,478=
USD/NGN Parallel₦1,545▲ 0.4%
USDT/NGN₦1,538▲ 0.3%
Gap4.5%par./off.
Inflation22.9%y/y
MPR26.25%CBN
NGX ASI142,380▲ 0.8%
Brent$67.40▼ 0.6%
S&P 5005,842▲ 0.5%
Nasdaq 10021,140▲ 0.7%
The Cowrie
Home/The Dollar, the Naira & the Black Market
CBN Official · Parallel · USDT

The Dollar

& the Naira

Dollar to naira across all three prices: the official CBN rate, the black market (aboki) rate and the USDT route. Why the gap exists, how each rate is set and how Nigerians actually dollarise their savings.

16
// in this section
₦1,545
// USD/NGN parallel
4.5%
// official gap
22.9%
// inflation y/y
complete guide NV0
dollarnairadollar-naira-black-market · NV0 · complete guide
Reference guide

Dollar to Naira: Official Rate, Black Market & the Stablecoin Route Explained

Why Nigeria has three dollar prices: the official CBN rate, the black market aboki rate and the USDT P2P rate, and how Nigerians dollarise savings in 2026.

Read the complete guide →
NV0 · Reference13 min readUpdated 5 June
main topics NV1
all articles
16 articles