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

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

As of Sunday, January 5, 2025, the exchange rate for the U.S. dollar to Nigerian naira at the Lagos parallel (black) market is as follows:

  • Buying Rate: ₦1660
  • Selling Rate: ₦1665

Meanwhile, at the Central Bank of Nigeria (CBN), the official exchange rates are:

  • Highest Rate: ₦1540
  • Lowest Rate: ₦1531

It’s important to note that the CBN does not recognize the parallel (black) market and has encouraged individuals to use official channels, such as banks, for foreign exchange transactions. Rates may vary, so the prices you experience may differ from what is stated here.

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