The Dollar to Naira exchange rate remains a major point of interest for Nigerians, especially within the black market, commonly referred to as the parallel market or Aboki FX.
Below is the latest update on how the United States Dollar is trading against the Nigerian Naira in the informal market.
Dollar to Naira Black Market Rate Today
According to information obtained from Bureau De Change (BDC) operators in Lagos, the Dollar is currently exchanged at the following rates in the parallel market:
- Buying Rate: ₦1,475 per $1
- Selling Rate: ₦1,478 per $1
This means individuals looking to sell their dollars will receive ₦1,475, while those buying will pay ₦1,478 per dollar as of Tuesday, December 30, 2025.
Official CBN Dollar to Naira Rate
For comparison, the Central Bank of Nigeria (CBN) official exchange window records the following rates:
- Highest Rate: ₦1,447 per $1
- Lowest Rate: ₦1,443 per $1
It is important to note that the CBN does not recognize or support the use of the black market for foreign exchange transactions. The apex bank has consistently advised Nigerians to conduct all forex-related activities through licensed commercial banks and authorized financial institutions.
Important Notice
Exchange rates may differ slightly depending on location, demand, and market volatility. As a result, the actual rate at which you buy or sell foreign currency may vary from the figures reported here.
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