Where does Opaindex get the USD/NGN rate?

Official: Central Bank of Nigeria (NFEM official window). Parallel: Parallel-market traders (NgnRates / AbokiFX). A live mid-market rate is overlaid from Open Exchange Rates when available. Confidence: high. Last updated 8 August 2026.

US Dollar to naira today — USD/NGN rate (8 August 2026)

Name: US Dollar to naira today — USD/NGN rate (8 August 2026)
Creator: Opaindex
License: https://opaindex.com/methodology

1 US Dollar ($1 USD) is ₦1,370.64 at the official CBN/NFEM window and about ₦1,400.00 on the parallel market in Nigeria as of 8 August 2026 — a parallel premium of 2.1%.

Official (CBN)

₦1,370.64

per $1 USD

Parallel

₦1,400.00

street reference

Parallel premium

+2.1%

Live mid-market reference: ₦1,364.01 (Open Exchange Rates (open.er-api.com)).

Reference rate trend

-0.6% over 18 readings

Daily mid-market reference (₦ per $1 USD) from Open Exchange Rates (open.er-api.com) — mid-market reference. Not the CBN official or parallel rate — those are shown above.

Date	₦ per $1 USD
27 Jun	₦1,372.59
28 Jun	₦1,373.53
29 Jun	₦1,378.21
30 Jun	₦1,376.62
1 Jul	₦1,375.73
2 Jul	₦1,375.73
5 Jul	₦1,369.34
6 Jul	₦1,368.08
7 Jul	₦1,368.61
8 Jul	₦1,367.80
1 Aug	₦1,364.06
2 Aug	₦1,363.97
3 Aug	₦1,361.41
4 Aug	₦1,364.77
5 Aug	₦1,363.26
6 Aug	₦1,362.26
7 Aug	₦1,364.22
8 Aug	₦1,364.01

Official: Central Bank of Nigeria (NFEM official window) · Parallel: Parallel-market traders (NgnRates / AbokiFX) · Confidence: high · Last updated 8 August 2026

The naira feeds directly into imported fuel, cooking gas and building-material costs in Nigeria. See the Naira hub, the latest FX coverage, or all naira rates.