Exchange Rate of the Black Market Dollar (USD) to Naira (NGN) as of April 17, 2025

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 16th April, 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 ₦1600 and sell at ₦1610 on Wednesday 16th April, 2025, 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 ₦1600
Selling Rate ₦1610
Dollar to Naira CBN Rate Today
Dollar to Naira (USD to NGN) CBN Rate Today
Highest Rate ₦1630
Lowest Rate ₦1593
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 Nigerian currency, the Naira, strengthened to ₦1,618 per dollar in the parallel market on Tuesday, up from ₦1,620 per dollar the previous day.

Conversely, the naira weakened to ₦1,604 per dollar in the Nigerian Foreign Exchange Market (NFEM).

According to data released by the Central Bank of Nigeria (CBN), the indicative exchange rate for the naira increased to ₦1,604 per dollar, rising from ₦1,599 per dollar on Monday, which reflects a ₦5 depreciation for the naira.

As a result, the gap between the parallel market rate and the NFEM rate decreased to ₦14 per dollar, down from ₦21 on Monday.