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Forex Sh*ck: Dollar-To-Naira Movement Sparks Fresh Market Reaction
What is the Dollar-to-Naira exchange rate in the black market (also known as the parallel market or Aboki FX)?
What is the Dollar-to-Naira exchange rate in the black market (also known as the parallel market or Aboki FX)?
Below is the latest black market Dollar-to-Naira rate for March 15, 2026. These rates reflect how much you can exchange your dollar for naira in the parallel market.
Dollar-to-Naira exchange rate (Black Market / Aboki Rate):
According to Bureau De Change (BDC) sources, traders in the Lagos parallel market are selling one dollar for ₦1430 and buying at ₦1410 on Sunday, March 15, 2026.
It is important to note that the Central Bank of Nigeria (CBN) does not officially recognize the parallel market. The CBN advises individuals seeking foreign exchange to conduct transactions through licensed banks and authorized channels.
USD to NGN (Black Market Rate):
Selling Rate: ₦1430
Buying Rate: ₦1410
USD to NGN (Official CBN Rate):
Highest Rate: ₦1374
Lowest Rate: ₦1362
Please note that exchange rates may differ depending on location and market conditions, as prices are not fixed and can vary between dealers. 💱📊
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