Dollar to Naira Exchange Rate Today (Black Market/Aboki Rate)
As of Tuesday, November 26, 2024, the exchange rate for the US Dollar to the Nigerian Naira in the Lagos parallel market (also known as the black market) shows that traders are buying the dollar for N1,740 and selling it for N1,750, according to sources within the Bureau De Change (BDC) sector.
It’s important to note that the Central Bank of Nigeria (CBN) does not recognize the parallel market, emphasizing that individuals who wish to exchange foreign currency should do so through their respective banks, as the CBN controls the official exchange rate.
Dollar to Naira Black Market Rates Today
- Buying Rate: N1,740
- Selling Rate: N1,750
Dollar to Naira (CBN Official Rate) Today
- Buying Rate: N1,687
- Selling Rate: N1,688
Please be aware that exchange rates can fluctuate, and the rates at which you personally buy or sell foreign currency may differ from those mentioned here due to market dynamics and varying rates across different locations. Always confirm current rates with a reliable source before making any currency exchanges.
