The Dollar to Naira exchange rate remains a major point of interest for Nigerians, especially those monitoring movements in the parallel (black) market, popularly known as Aboki FX.
Below is an overview of the Dollar to Naira exchange rate as of Wednesday, December 24, 2025, based on information obtained from Bureau De Change (BDC) operators in Lagos.
Dollar to Naira Black Market Rate (Aboki FX)
At the Lagos parallel market, foreign exchange traders reported the following rates:
- Selling Rate: ₦1,475 per US Dollar
- Buying Rate: ₦1,467 per US Dollar
This means individuals looking to sell dollars receive ₦1,467, while those buying dollars pay ₦1,475.
Important Notice on Black Market Transactions
It is important to note that the Central Bank of Nigeria (CBN) does not officially recognize the black market. The apex bank has consistently advised Nigerians seeking foreign exchange to conduct transactions through authorized commercial banks and licensed financial institutions.
Dollar to Naira Exchange Rate at the CBN
According to official CBN figures, the Dollar to Naira exchange rates stand as follows:
| Exchange Type | Rate |
|---|---|
| Highest Rate | ₦1,455 |
| Lowest Rate | ₦1,435 |
Disclaimer
Foreign exchange rates may differ depending on location, demand, and the dealer involved. As a result, the rates at which you buy or sell dollars may vary slightly from the figures reported in this article.
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