What is the current Dollar to Naira exchange rate at the black market, also known as the parallel market (Aboki fx)?
Below are the rates for Saturday, 27th September, 2025, as obtained from Bureau De Change (BDC) sources.
Black Market (Parallel Market) Exchange Rate
- Buying Rate: ₦1485 per $1
- Selling Rate: ₦1505 per $1
This means you can exchange one U.S. dollar for ₦1505 when selling, while buyers purchase at ₦1485.
Official CBN Exchange Rate
- Highest Rate: ₦1487 per $1
- Lowest Rate: ₦1471 per $1
It is important to note that the Central Bank of Nigeria (CBN) does not recognize the black market. The apex bank has directed individuals who wish to trade forex to do so through their banks.
Exchange rates may vary depending on location and dealer, so actual buying and selling prices could differ from the figures listed here.
