Dollar to Naira Exchange Rate Today (Black Market and Official Rates)
As of Monday, January 27, 2025, the exchange rates for the U.S. dollar to the Nigerian naira are as follows:
Black Market Exchange Rate (Lagos Parallel Market)
- Buying Rate: N1640
- Selling Rate: N1650
Official CBN Exchange Rate
- Highest Rate: N1537
- Lowest Rate: N1530
Important Notes
- The Central Bank of Nigeria (CBN) does not recognize or endorse transactions in the parallel market (black market).
- Individuals seeking to trade foreign exchange (Forex) are encouraged to do so through official channels, such as their banks.
- Rates may vary depending on the location and the source of the transaction.
Disclaimer: Exchange rates fluctuate, and the buying or selling rate you encounter may differ from those provided above due to market dynamics and specific transaction circumstances.
