Dollar to naira exchange rate today, April 16, 2026 which comprises black market and CBN rates are hereby compiled by ENigeria Newspaper, according to credible data from The Central Bank of Nigeria.
On Wednesday, April 15, 2026, the Nigerian Foreign Exchange Market (NFEM) Rate according to actual figures obtained from the Centra Bank of Nigeria opened at 1,343.7409.
How does NFEM Affects Dollar to Naira Exchange Rate Today
NFEM represents the official data of daily average dollar to naira exchange rate for buying and selling foreign exchange, and this is driven by market demand and supply. It serves as the primary benchmark rate or official rate for government transactions, international transfers, and formal financial institutions, often reflecting the market-determined rate. NFEM was once known as the I&E Window.
What is Dollar to Naira Exchange Rate Today April 16, 2026 – CBN Rate
ENigeria Newspaper reports that dollar to naira exchange rate today, April 16, 2026 – CBN rate remains the same as Tuesday when the price of dollar opened at N1,343.7409 per dollar and closed for the day at 1,341.9900 per dollar, according to data from the Central Bank of Nigeria (CBN).
How Much is Dollar to Naira Exchange Rate Today April 15, 2026 – Black market (Parallel Market)?
Dollar to naira exchange today April 15, 2026 – black market rate, popularly known as Aboki FX or parallel market is often determined by real-time demand and supply which may vary by location, the dealer, and level of demand at the time.
ENigeria Newspaper reports that according to Bureau De Change operators in Lagos, Abuja, Kano and Port Harcourt dollar currently trades between, N1410 – N1460 per dollar.
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