As of Monday, April 14, 2025, the exchange rate for the US Dollar against the Nigerian Naira at the Lagos Parallel Market, commonly referred to as the black market, stands at ₦1610 per dollar for buying and ₦1620 per dollar for selling, according to information obtained from Bureau De Change (BDC) operators.
It is important to note that the Central Bank of Nigeria (CBN) does not officially recognize the parallel market. The apex bank continues to urge individuals and businesses seeking foreign exchange to use official banking channels and authorized dealers for all forex transactions.
Dollar to Naira Black Market Exchange Rate
| Dollar to Naira (USD to NGN) | Black Market Rate Today |
|---|---|
| Buying Rate | ₦1610 |
| Selling Rate | ₦1620 |
Dollar to Naira CBN Exchange Rate
| Dollar to Naira (USD to NGN) | CBN Official Rate Today |
|---|---|
| Highest Rate | ₦1630 |
| Lowest Rate | ₦1570 |
Exchange rates may vary depending on your location and the vendor you are transacting with. Rates listed above are based on information from market sources and are subject to fluctuations throughout the day.
For the most accurate and up-to-date rates, always consult your bank or an authorized Bureau De Change operator.
