By Kayode Sanni-Arewa
Dollar to Naira Exchange Rate Today on the Black Market (Aboki Dollar Rate)
As of Saturday, November 9, 2024, the exchange rate for the U.S. dollar to the Nigerian naira in the Lagos parallel market (often referred to as the black market) shows that the buying rate for a dollar is N1740, while the selling rate stands at N1745, according to sources at Bureau De Change (BDC). 
It’s important to note that the Central Bank of Nigeria (CBN) does not officially recognize the parallel market for foreign exchange transactions. In line with this, the CBN has advised individuals and businesses looking to exchange foreign currencies to approach authorized banks and financial institutions for their Forex needs.
Dollar to Naira Black Market Exchange Rates Today:
Buying Rate: N1740
Selling Rate: N1745
Official Dollar to Naira Exchange Rates (CBN Rates) Today:
Buying Rate: N1664
Selling Rate: N1665
Please keep in mind that the exchange rates listed here are subject to fluctuation and may differ from those in actual transactions, as rates can vary depending on the location and the specific forex market you engage with. Always ensure that you check the current rates with authorized sources before making any exchange
