The Dollar to Naira exchange rate at the black market, also known as the parallel market or Aboki FX, continues to fluctuate as demand for foreign currency remains high.
According to traders at the Lagos Parallel Market (Bureau De Change operators) on Friday, 26th September 2025, the exchange rates stood as follows:
- Buying Rate: ₦1,520 per $1
- Selling Rate: ₦1,505 per $1
CBN Exchange Rate Advisory
It is important to note that the Central Bank of Nigeria (CBN) does not officially recognize the black market rates. The CBN has consistently advised individuals seeking foreign exchange to conduct transactions through their banks or other authorized channels.
Official CBN Rates (26th September 2025)
- Highest Rate: ₦1,487 per $1
- Lowest Rate: ₦1,471 per $1
⚠️ Disclaimer: Exchange rates vary depending on location, dealer, and transaction volume. The figures provided here are based on market sources and may differ from the rates you encounter when buying or selling forex.
