NGN black market rate on Jul 21, 2026: 1,388 per USD
On Tuesday, July 21, 2026, the US dollar traded at about 1,388 NGN on Nigeria's parallel (black) market at the close of observations. The day opened at 1,390 NGN, reached a high of 1,390 and a low of 1,386, a trading range of 3.98 NGN (0.29%).
Across 287 observations, the average price to buy dollars was 1,389 NGN and the average price received when selling dollars was 1,396 NGN. Over the session the Nigerian Naira strengthened against the dollar (-0.14% from open to close).
Official rate vs black market rate on Jul 21, 2026
The official exchange rate published for Nigeria on this date was 1,379 NGN per USD. The parallel-market close of 1,388 NGN therefore implied a premium of +0.68% over the official rate — a narrow gap, indicating the two markets were close to converged.
How Jul 21, 2026 compares
Compared with the previous observed day (Jul 20, 2026, close 1,390 NGN), the rate moved -0.14%.
One week earlier (Jul 14, 2026) the close was 1,388 NGN, so the weekly change was +0.03%.
Thirty days earlier (Jun 21, 2026) the close was 1,382 NGN, a +0.40% move over the month.
How this daily figure is produced
ETCurrency samples Nigeria's USD/NGN parallel market throughout the day from peer-to-peer stablecoin order books and, where available, community submissions. Each sample is filtered for outliers and aggregated into a single buy and sell quote; the figures above are the first, highest, lowest and last of those aggregated quotes for Jul 21, 2026 (UTC).
USDT peer-to-peer prices closely track cash dollar prices in most parallel markets but are not identical to them: payment-method fees, merchant margins and local demand for stablecoins can all add a few tenths of a percent.
Frequently asked questions
- What was the dollar to Nigerian Naira black market rate on Jul 21, 2026?
- The USD to NGN parallel market rate closed at approximately 1,388 NGN per US dollar on Tuesday, July 21, 2026, after trading between 1,386 and 1,390 NGN.
- How much did the NGN move against the dollar that day?
- From an open of 1,390 to a close of 1,388 NGN, the parallel rate moved -0.14% on Jul 21, 2026.
- What was the gap between the official and black market NGN rate on that date?
- The official rate was 1,379 NGN per USD versus a parallel close of 1,388 NGN, a premium of +0.68%.
- Was the NGN black market rate higher or lower than the day before?
- Lower: the previous observed close was 1,390 NGN on Jul 20, 2026, a change of -0.14%.
Figures are aggregated parallel-market observations for Nigeria in UTC and are indicative only; they are not a quote to trade. See the full USD → Nigerian Naira history or today's live rate.