Current Black Market Dollar (USD) To Naira (NGN) Exchange Rate

 

According to sources at Bureau De Change (BDC) operators in Lagos, the exchange rate for the U.S. dollar in the parallel market (commonly called the black market or Aboki rate) stood at:

• Buying Rate: ₦1570 per dollar

• Selling Rate: ₦1575 per dollar

This means traders were purchasing dollars from customers at ₦1570 and selling at ₦1575 on Monday, 30th June 2025.

It’s important to note that Nigeria’s Central Bank (CBN) does not officially recognize or endorse transactions carried out on the parallel market. The CBN has repeatedly advised anyone seeking foreign exchange to use the formal banking system or licensed financial institutions.

Dollar to Naira – Black Market Rate Today

Transaction Type	Rate (NGN per USD)
Buying	₦1570
Selling	₦1575

Dollar to Naira – CBN Official Rate

Meanwhile, the official rates published by the Central Bank of Nigeria (CBN) on the same day show a range between:

• Highest Rate: ₦1533 per dollar

• Lowest Rate: ₦1528 per dollar

These official rates typically apply to interbank transactions and authorized Forex dealers. They tend to be lower than the parallel market rates due to the CBN’s efforts to stabilize the naira through formal channels.

Foreign exchange rates can vary widely depending on location, transaction size, and market demand. The rates mentioned here are indicative of typical trading levels in Lagos on the date specified but may differ from those offered elsewhere or at different times of the day. Always confirm current rates before carrying out any currency exchange.