The exchange rate between the United States Dollar (USD) and the Nigerian Naira (NGN) continues to attract attention, especially within the black market, commonly referred to as the parallel market or Aboki FX.
Black Market (Parallel Market) Dollar to Naira Rate
As of Thursday, December 25, 2025, traders at the Lagos parallel market exchanged the dollar at varying rates depending on buying or selling positions.
According to information obtained from Bureau De Change (BDC) operators, the dollar was sold at ₦1,475 and purchased at ₦1,467.
This means individuals looking to exchange dollars for naira or vice versa should expect slight variations depending on location and demand.
Important Notice
The Central Bank of Nigeria (CBN) has consistently stated that it does not recognize or regulate the black market. The apex bank advises Nigerians seeking foreign exchange transactions to carry them out strictly through authorized financial institutions such as commercial banks.
Dollar to Naira Black Market Exchange Rate (USD/NGN)
- Selling Rate: ₦1,475
- Buying Rate: ₦1,467
Dollar to Naira Official CBN Exchange Rate (USD/NGN)
According to official figures from the Central Bank of Nigeria:
- Highest Rate: ₦1,455
- Lowest Rate: ₦1,435
Please note that foreign exchange rates may differ slightly from what is published here, as prices fluctuate across markets and locations.
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