Black Market Sh*ck: Dollar Hits ₦1,515 Against The Naira Today
Dollar to Naira Black Market Exchange Rate – 8th October 2025
What is the current exchange rate between the Dollar and the Naira in the black market (also known as the parallel market or Aboki FX)?
Below is the Dollar to Naira rate for Wednesday, 8th October 2025. You can exchange your Dollars for Naira at the following rates:
Dollar to Naira Exchange Rate Today (Black Market Rate)
According to sources at the Bureau De Change (BDC) in Lagos, traders are buying one U.S. Dollar at ₦1,480 and selling at ₦1,500 on Wednesday, 8th October 2025.
It’s important to note that the Central Bank of Nigeria (CBN) does not recognize the parallel market (black market) and has advised individuals seeking foreign exchange to approach their respective banks for official rates.
Dollar to Naira Black Market Rate Today
| Currency Pair (USD to NGN) | Black Market Rate |
|---|---|
| Selling Rate | ₦1,500 |
| Buying Rate | ₦1,480 |
Dollar to Naira CBN Rate Today
| Currency Pair (USD to NGN) | CBN Rate |
|---|---|
| Highest Rate | ₦1,475 |
| Lowest Rate | ₦1,468 |
Please note: Exchange rates may vary depending on your location and the dealer you transact with. Prices quoted here reflect average market rates obtained from Lagos and other major forex hubs.
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