Exchange Rates

Dollar to naira, parallel market vs official rates, and what moves the naira — explained for Nigerians.

Kenyan Shilling to Naira: Why There's No Black Market Rate (And What Number to Trust)

KES to NGN doesn't work like dollar or pound conversions — there's no parallel market rate for the Kenyan Shilling in Nigeria. Here's why, and which rate you should actually use.

19 July 2026·3 min read·Mmiri Team

Exchange RatesUSDExchange Rates

Dollar to Naira: Why Two Rates Exist and What They Mean for You

Nigeria runs two official exchange rates — the CBN rate and the parallel market rate. Here is what the gap means, why it exists, and how to use both.

11 July 2026·3 min read·Mmiri Team