Today’s Dollar–Naira Exchange Rates (Black Market & CBN)

Spread the love

What is the current Dollar to Naira rate in the black market (parallel market)?

Here is the updated black market (Aboki FX) exchange rate for January 9th. These are the commonly reported rates at which traders buy and sell dollars in major Nigerian cities.

How much is 1 Dollar to Naira today in the black market?

Black Market (Aboki FX) Rate — January 9, 2025

According to information obtained from Bureau De Change (BDC) operators, the U.S. dollar is being sold at ₦1480 and purchased at ₦1477 in the Lagos Parallel Market as of Friday, January 9th, 2025.

It is important to note that the Central Bank of Nigeria (CBN) does not officially recognize the black market. Individuals or businesses seeking foreign exchange are advised to obtain FX through their banks or approved financial institutions.

Dollar to Naira — Black Market Rate Today

Dollar to Naira (USD to NGN)	Black Market Rate
Selling Rate	₦1480
Buying Rate	₦1477

Dollar to Naira — CBN Official Rate Today

Dollar to Naira (USD to NGN)	CBN Rate Today
Highest Rate	₦1430
Lowest Rate	₦1420

Please be aware that the rate at which you buy or sell foreign currency may differ slightly depending on your location, the dealer, and market fluctuations.