Dollar to Naira

How Much Is Dollar to Naira Today?

If you are looking for the current exchange rate from US Dollar (USD) to Nigerian Naira (NGN), you are not alone. Many Nigerians check this rate daily—whether for business, online shopping, or personal travel.

Today’s Dollar to Naira Exchange Rate

As of today April 29, 2025, here is the current exchange rate:

💱 Dollar to Naira Converter

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USD ($):

NGN (₦):

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Please note:

The official rate is used by banks and licensed financial institutions.
The black market rate (parallel market) is what you may find from street traders and informal exchanges.

💡 These rates may change at any time based on market demand, Central Bank policies, and other economic factors.

Why Does the Rate Change?

The Dollar to Naira rate is affected by:

• Oil prices (Nigeria’s main source of foreign exchange)

• Inflation

• Import/export activities

• Government monetary policies

• Dollar demand in the local market

Where to Get Real-Time Rates?

You can check reliable websites like:

• CBN Official Website

• Bloomberg

Conclusion

Always compare rates before you exchange your money. Use trusted sources and avoid unsafe street deals. For business, it is safer to use bank or fintech channels.