Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 29th July 2025

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Find below the black market (parallel market) exchange rate for the U.S. Dollar to Naira as of Monday, 28th July 2025. These are the rates at which you can exchange your dollars for naira on the streets:

Black Market Dollar to Naira Exchange Rate (Aboki FX)

According to Bureau De Change (BDC) sources in Lagos, the buying rate is ₦1535/$1, while the selling rate is ₦1540/$1.

⚠️ Note: The Central Bank of Nigeria (CBN) does not recognize the parallel market and advises all forex transactions be conducted through official banking channels.


Exchange Rates Summary

Market Type Buying Rate Selling Rate
Black Market (Aboki FX) ₦1535 ₦1540
CBN Official Rate ₦1532 (Lowest) ₦1535 (Highest)

Rates may vary depending on your location and the dealer you transact with.

Author:
BushRadio

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