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

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

As of Wednesday, December 11, 2024, the black market exchange rate for the Dollar to Naira in Lagos is as follows:

  • Buying Rate: ₦1690 per USD
  • Selling Rate: ₦1710 per USD

These rates are based on information from Bureau De Change (BDC) sources.

It is important to note that the Central Bank of Nigeria (CBN) does not recognize the parallel market and has directed individuals seeking to exchange foreign currency to do so through licensed banks.

For the official rates provided by the CBN:

  • Highest Rate: ₦1557 per USD
  • Lowest Rate: ₦1515 per USD

Please be aware that exchange rates can vary, and the rates mentioned above might differ slightly depending on market conditions and location.

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