Nigerians remain keenly interested in the current Dollar to Naira exchange rates, particularly in the black market, also known as the parallel market or Aboki FX.
As of Sunday, February 1, 2026, Bureau De Change (BDC) operators in Lagos report that the US dollar is being sold at ₦1,460, while buyers can purchase it for ₦1,445. These rates reflect the value at which individuals exchange dollars for naira outside official banking channels.
It is important to note that the Central Bank of Nigeria (CBN) does not officially sanction transactions in the parallel market. The apex bank has repeatedly urged Nigerians to obtain foreign currency only through licensed commercial banks to ensure safety and compliance.
Dollar to Naira Black Market (Aboki FX) Rates
- Selling Rate: ₦1,460
- Buying Rate: ₦1,445
Official Dollar to Naira Rates – CBN
- Highest Rate: ₦1,392
- Lowest Rate: ₦1,381
Foreign exchange rates may fluctuate based on location, demand, and market activity. As a result, the rate at which individuals exchange currency may differ slightly from the published figures.
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