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

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

As of Thursday, December 12th, 2024, the exchange rate for the dollar to naira at the Lagos Parallel Market (Black Market) is as follows:

  • Buying Rate: N1,670 per dollar
  • Selling Rate: N1,680 per dollar

These rates were confirmed by sources at Bureau De Change (BDC) operators in the region.

It’s important to note that the Central Bank of Nigeria (CBN) does not recognize the parallel (black) market. The CBN has advised individuals seeking to engage in foreign exchange transactions to approach their respective banks for official rates.

Dollar to Naira CBN Official Rate Today

  • Highest Rate: N1,550 per dollar
  • Lowest Rate: N1,510 per dollar

Please keep in mind that exchange rates can vary and may differ from the rates provided here, as prices fluctuate in real-time based on market conditions.

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