By Kayode Sanni-Arewa
Black Market Dollar to Naira Exchange Rate – 5th February 2025
What is the current Dollar to Naira exchange rate in the black market, also known as the parallel market (Aboki FX)?
Check out the latest black market exchange rate for the Dollar to Naira as of 4th February 2025 below. You can exchange your dollars for naira at these rates..
How much is 1 USD to NGN in the black market today?
According to sources from Bureau De Change (BDC), the exchange rate at the Lagos Parallel Market (Black Market) on Tuesday, 4th February 2025, is as follows:
Buying Rate: N1,595 per dollar
Selling Rate: N1,605 per dollar
CBN Exchange Rate for Dollar to Naira Today
It’s important to note that the Central Bank of Nigeria (CBN) does not recognize the parallel market (black market) for forex transactions. The CBN has advised individuals and businesses to conduct foreign exchange transactions through their respective banks.
Here are the official CBN rates for 4th February 2025:
It’s important to note that the Central Bank of Nigeria (CBN) does not recognize the parallel market (black market) for forex transactions. The CBN has advised individuals and businesses to conduct foreign exchange transactions through their respective banks.
Here are the official CBN rates for 4th February 2025:
Highest Rate: N1,502 per dollar
Lowest Rate: N1,494 per dollar
Disclaimer: The exchange rates mentioned above may differ from the actual rates at which forex is bought or sold, as prices fluctuate frequently.