By Kayode Sanni-Arewa
These are the current rates at which you can exchange your dollars for naira.
How Much is a Dollar to Naira Today in the Black Market?
Dollar to Naira Black Market (Aboki FX) Rate:
At the Lagos Parallel Market (Black Market), dealers are buying dollars at ₦1570 and selling at ₦1590 as of Sunday, February 9, 2025, according to Bureau De Change (BDC) sources.
Important Notice:
The Central Bank of Nigeria (CBN) does not recognize the parallel market (black market) rates and advises individuals seeking foreign exchange (Forex) to use official banking channels.
Dollar to Naira Black Market Rate Today:
Dollar to Naira (USD to NGN) Black
Market Exchange Rate (Feb 9, 2025)
Buying Rate: ₦1570
Selling Rate: ₦1590
Dollar to Naira CBN Official Rate Today:
Dollar to Naira (USD to NGN) CBN Official Rate (Feb 9, 2025)
Highest Rate: ₦1503
Lowest Rate: ₦1496
Note: The rates at which you buy or sell forex may differ slightly from those listed here, as exchange prices can fluctuate based on market dynamics.