As of Friday, December 13, 2024, the exchange rate for the US dollar to Nigerian naira at the Lagos Parallel Market (also known as the black market) is as follows:
- Buying Rate: ₦1,650
- Selling Rate: ₦1,660
These rates were confirmed by sources at Bureau De Change (BDC) operators in the city.
It’s important to note that the Central Bank of Nigeria (CBN) does not recognize the parallel market and has directed individuals wishing to engage in foreign exchange transactions to do so through their designated banks.
Dollar to Naira (USD to NGN) CBN Official Rate Today
- Highest Rate: ₦1,549
- Lowest Rate: ₦1,520
Please keep in mind that exchange rates can fluctuate, and the rate at which you buy or sell foreign currency may vary from the values mentioned in this article, as rates can change depending on the location and market conditions.
