What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)?
See the black market Dollar to Naira exchange rate for 18th December, below. You can swap your dollar for Naira at these rates.
How much is a dollar to naira today in the black market?
Dollar to naira exchange rate today black market (Aboki dollar rate):
The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N1650 and sell at N1660 on Wednesday 18th December 2024, according to sources at Bureau De Change (BDC).
Please note that the Central Bank of Nigeria (CBN) does not recognize the parallel market (black market), as it 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 Rate | N1650 |
| Selling Rate | N1660 |
Dollar to Naira CBN Rate Today
| Dollar to Naira (USD to NGN) | CBN Rate Today |
| Highest Rate | N1565 |
| Lowest Rate | N1531 |
Please note that the rates you buy or sell forex may be different from what is captured in this article because prices vary.
Meanwhile, the price of onion in Nigeria has drastically increased, with a small-sized bulb currently priced between ₦200 and ₦300 across markets in anticipation of this year’s Yuletide season.
A market survey recently conducted by newsmen in the Federal Capital Territory (FCT) Abuja indicated that onion prices at the Dutse and Kubwa village markets had experienced a significant increase, with the cost of a single small-sized onion rising by 200 per cent to ₦300 on December 17, 2024, compared to ₦100 during the same period in November.
Naija News understands that the price of large-sized onions has escalated to ₦500 from ₦300.
In a report published on Tuesday, the Daily Post noted that the cost of a dustbin basket of onions has surged to ₦250,000, up from a range of ₦170,000 to ₦192,000.
A seller in the Dutse first gate market, Abdullahi Yakubu, remarked that this price increase is not surprising, as it is a common occurrence in the weeks leading up to the festive season.
