NGN black market rate on Sep 29, 2026: 1,364 per USD
On Tuesday, September 29, 2026, the US dollar traded at about 1,364 NGN on Nigeria's parallel (black) market at the close of observations. The day opened at 1,371 NGN, reached a high of 1,373 and a low of 1,364, a trading range of 9.38 NGN (0.69%).
Across 225 observations, the average price to buy dollars was 1,367 NGN and the average price received when selling dollars was 1,372 NGN. Over the session the Nigerian Naira strengthened against the dollar (-0.51% from open to close).
Official rate vs black market rate on Sep 29, 2026
The official exchange rate published for Nigeria on this date was 1,329 NGN per USD. The parallel-market close of 1,364 NGN therefore implied a premium of +2.63% over the official rate — a moderate gap consistent with limited but functioning official access to foreign exchange.
How Sep 29, 2026 compares
Compared with the previous observed day (Sep 28, 2026, close 1,371 NGN), the rate moved -0.51%.
One week earlier (Sep 22, 2026) the close was 1,373 NGN, so the weekly change was -0.60%.
Thirty days earlier (Aug 30, 2026) the close was 1,373 NGN, a -0.66% 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 Sep 29, 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 Sep 29, 2026?
- The USD to NGN parallel market rate closed at approximately 1,364 NGN per US dollar on Tuesday, September 29, 2026, after trading between 1,364 and 1,373 NGN.
- How much did the NGN move against the dollar that day?
- From an open of 1,371 to a close of 1,364 NGN, the parallel rate moved -0.51% on Sep 29, 2026.
- What was the gap between the official and black market NGN rate on that date?
- The official rate was 1,329 NGN per USD versus a parallel close of 1,364 NGN, a premium of +2.63%.
- Was the NGN black market rate higher or lower than the day before?
- Lower: the previous observed close was 1,371 NGN on Sep 28, 2026, a change of -0.51%.
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.