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

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

Dollar to Naira Exchange Rate (Black Market) for December 1st, 2024

As of Sunday, December 1st, 2024, the exchange rate for the U.S. dollar to the Nigerian naira at the Lagos Parallel Market (Black Market) is as follows:

  • Buying Rate: N1720
  • Selling Rate: N1730

This rate reflects the figures reported by sources at Bureau De Change (BDC) operators in Lagos. It is important to note that the Central Bank of Nigeria (CBN) does not officially recognize the parallel market, urging individuals who wish to engage in forex transactions to approach their respective banks for legitimate rates.

Dollar to Naira CBN Rate (Official)

  • Buying Rate: N1662
  • Selling Rate: N1663

Please be aware that exchange rates may fluctuate, and the rates you receive when buying or selling forex could vary from those mentioned in this article, depending on market conditions.

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