Black Market (Aboki FX) Exchange Rate
What is the current dollar to naira exchange rate at the black market — also known as the parallel market?
Below is the black market rate for Friday, October 24, 2025, as obtained from sources within the Bureau De Change (BDC).
- Buying Rate: ₦1,485 per $1
- Selling Rate: ₦1,500 per $1
This means that traders in the Lagos Parallel Market were buying dollars at ₦1,485 and selling at ₦1,500 on Friday, October 24, 2025.
⚠️ Note: The Central Bank of Nigeria (CBN) does not recognize the black market. It has advised individuals seeking foreign exchange to transact only through official banking channels.
Dollar to Naira Exchange Rates Summary
| Market Type | USD to NGN Rate (Today) | Buying Rate | Selling Rate |
|---|---|---|---|
| Black Market (Aboki FX) | ₦1,485 – ₦1,500 | ₦1,485 | ₦1,500 |
| CBN Official Window | ₦1,455 – ₦1,463 | — | — |
Please note that forex rates fluctuate frequently, and the rate at which you buy or sell dollars may differ depending on your location and the dealer involved.
