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 Today (Black Market)

As of Wednesday, 22nd January 2025, the dollar-to-naira exchange rate in the Lagos Parallel Market (commonly known as the black market) stands as follows:

  • Buying Rate: N1,655
  • Selling Rate: N1,660

These rates are sourced from Bureau De Change (BDC) operators.

It’s important to note that the Central Bank of Nigeria (CBN) does not officially recognize the parallel market. Individuals or businesses requiring foreign exchange are advised to use formal channels, such as their respective banks, for currency exchange.

Dollar to Naira Black Market Exchange Rate Today

  • Buying Rate: N1,655
  • Selling Rate: N1,660

Dollar to Naira CBN Exchange Rate Today

  • Highest Rate: N1,565
  • Lowest Rate: N1,550

Please keep in mind that the rates at which you buy or sell foreign exchange may differ slightly from the figures provided here, as they are subject to market fluctuations and regional differences.

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