Curious about the current Dollar to Naira exchange rate in the black market (also known as the parallel market or Aboki FX)?
Here is the updated black market rate for January 8th, along with details on how much you can exchange your dollars for today.
Black Market Dollar to Naira Rate – How Much Is a Dollar Today?
In the Lagos Parallel Market, Bureau De Change (BDC) operators are selling the US dollar at ₦1482 and buying at ₦1478 as of Thursday, January 8th, 2025, according to market sources.
It is important to understand that the Central Bank of Nigeria (CBN) does not officially acknowledge the black market. The CBN advises anyone seeking foreign exchange to use their respective commercial banks.
Dollar to Naira Black Market Rate Today
| Dollar to Naira (USD to NGN) | Black Market Rate |
|---|---|
| Selling Rate | ₦1482 |
| Buying Rate | ₦1478 |
Dollar to Naira CBN Rate Today
| Dollar to Naira (USD to NGN) | CBN Rate Today |
|---|---|
| Highest Rate | ₦1422 |
| Lowest Rate | ₦1418 |
Please note that the exchange rate you get when buying or selling forex may differ, as rates fluctuate depending on location, market demand, and negotiation.
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