Current Dollar to Naira Exchange Rates in Nigeria – December 29 2025

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The exchange rate between the United States Dollar (USD) and the Nigerian Naira (NGN) continues to attract strong attention, particularly within the unofficial foreign exchange market commonly referred to as the black market or Aboki FX.

Dollar to Naira Black Market Rate (Parallel Market)

As of Sunday, December 28, 2025, checks from currency traders operating at the Lagos parallel market indicate that the dollar is being exchanged within the following range:

Selling price: ₦1,475 per $1
Buying price: ₦1,467 per $1

This means individuals looking to exchange dollars for naira or vice versa can expect transactions to fall within these rates, depending on location and demand.

Important Advisory on Forex Trading

It is important to note that the Central Bank of Nigeria (CBN) does not officially recognize the black market for foreign exchange transactions. The apex bank has consistently advised Nigerians to carry out forex-related dealings through licensed commercial banks and approved financial institutions.

Dollar to Naira Official CBN Exchange Rate

According to official data from the Central Bank of Nigeria, the dollar-to-naira exchange rate currently stands within the following range:

Highest rate: ₦1,455 per $1
Lowest rate: ₦1,435 per $1

Disclaimer on Exchange Rates

Foreign exchange prices are subject to constant fluctuation. As such, the actual rate at which you buy or sell dollars may differ slightly from the figures quoted in this report, depending on market conditions, timing, and dealer margins.