What is the Dollar to Naira Exchange rate at the black market, also known as the parallel market (Aboki fx)?

Dollar to Naira Exchange Rate Today (Black Market – Aboki fx):

On Tuesday, July 30, 2024, the exchange rate for a dollar to naira at the Lagos Parallel Market (Black Market) was:

  • Buying Rate: N1595
  • Selling Rate: N1600

Sources at Bureau De Change (BDC) provided these rates. It’s important to note that the Central Bank of Nigeria (CBN) does not recognize the parallel market (black market) and has directed individuals who want to engage in Forex to approach their respective banks.

Dollar to Naira Black Market Rate Today:

Dollar to Naira (USD to NGN)Black Market Exchange Rate Today
Buying RateN1595
Selling RateN1600

Dollar to Naira CBN Rate Today:

Dollar to Naira (USD to NGN)CBN Rate Today
Buying RateN1598
Selling RateN1601

Please note that the rates you buy or sell forex may vary from what is captured in this article due to fluctuating market conditions.

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