
As of Friday, January 3, 2025, the exchange rate for the dollar to naira at the Lagos Parallel Market (Black Market) is as follows:
- Buying Rate: N1660 per dollar
- Selling Rate: N1665 per dollar
This information is based on reports from Bureau De Change (BDC) sources.
It’s important to note that the Central Bank of Nigeria (CBN) does not officially recognize the parallel market. The CBN has directed individuals seeking foreign exchange to engage with their respective banks instead.
Official CBN Dollar to Naira Rates Today:
- Highest Rate: N1540 per dollar
- Lowest Rate: N1531 per dollar
Please be aware that these rates can fluctuate, and the actual rates for buying or selling forex may differ from those mentioned in this article, as market prices are subject to change.