What is the current exchange rate for the Dollar to Naira in the black market, also known as the parallel market (Aboki fx)?
Below, you’ll find the black market exchange rate for the Dollar to Naira as of 11th August 2024. These are the rates at which you can exchange your dollars for Naira.
The current exchange rate for a dollar to Naira in the Lagos Parallel Market (Black Market) shows that players are buying dollars at ₦1,603 and selling them at ₦1,610 on Sunday, 11th August 2024, according to sources within the Bureau De Change (BDC) sector.
It is important to note that the Central Bank of Nigeria (CBN) does not recognize the parallel market (black market) for foreign exchange transactions and has advised individuals to use their respective banks for Forex dealings.
Dollar to Naira Black Market Rate Today
| Dollar to Naira (USD to NGN)| Black Market Exchange Rate Today |
| Buying Rate | ₦1,603 |
| Selling Rate | ₦1,610 |
Dollar to Naira CBN Rate Today
| Dollar to Naira (USD to NGN) | CBN Rate Today |
| Buying Rate | ₦1,583 |
| Selling Rate | ₦1,584 |
Please be aware that the rates at which you buy or sell Forex may differ from those mentioned in this article, as prices can vary.
