What is the current Dollar to Naira exchange rate in the black market, commonly referred to as the parallel market (Aboki fx)?
Below is the updated black market Dollar to Naira rate for January 17th. These are the figures at which you can exchange your dollars for naira.
How much is the dollar to naira rate in the black market today?
Black Market (Aboki fx) Dollar to Naira Rate:
According to information from Bureau De Change (BDC) operators, traders at the Lagos Parallel Market on Saturday, January 17th, 2025, sold the dollar at ₦1500 and bought at ₦1485.
It is important to remember that the Central Bank of Nigeria (CBN) does not officially acknowledge the parallel market. The CBN has instructed individuals seeking foreign exchange to conduct such transactions through their respective banks.
Dollar to Naira Black Market Rate Today
| Dollar to Naira (USD to NGN) | Black Market Rate |
|---|---|
| Selling Rate | ₦1500 |
| Buying Rate | ₦1485 |
Dollar to Naira CBN Rate Today
| Dollar to Naira (USD to NGN) | CBN Rate Range |
|---|---|
| Highest Rate | ₦1420 |
| Lowest Rate | ₦1416 |
Please be aware that the forex buying and selling prices you encounter may differ from the rates listed above, as market conditions and locations affect actual transactions.
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