What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)?
Check out the unofficial exchange rate for the US Dollar to Nigerian Naira on October 31st below. You have the option to exchange your dollars for Naira at these rates on the black market.
How much is a dollar to naira today in the black market?
On Monday, October 31st, 2023, in the Lagos Parallel Market, individuals purchased a US Dollar for N1165 and sold it at N1170, as reported by sources from Bureau De Change (BDC). It is important to mention that the Central Bank of Nigeria (CBN) does not acknowledge the existence of the parallel market (black market) and has instructed individuals seeking foreign exchange transactions 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 | N1165 |
| Selling Rate | N1170 |
Dollar to Naira CBN Rate Today
| Dollar to Naira (USD to NGN) | Black Market Exchange Rate Today |
| Buying Rate | 908 |
| Selling Rate | 909 |
Kindly be aware that the foreign exchange rates for buying or selling currencies may differ from those mentioned in this article, as prices are subject to variation.
