
On Monday, January 13, 2025, the exchange rate for the US dollar to Nigerian naira at the Lagos Parallel Market (Black Market) was as follows:
- Buying Rate: N1,660
- Selling Rate: N1,665
CBN Exchange Rate
The Central Bank of Nigeria (CBN) official rates for the dollar to naira were:
- Highest Rate: N1,550
- Lowest Rate: N1,543
It is important to note that the Central Bank of Nigeria (CBN) does not recognize the parallel market. It encourages individuals who wish to engage in foreign exchange transactions to approach their respective banks.
Please be aware that actual exchange rates can vary depending on where you exchange your currency, and they might differ from the rates mentioned in this article.