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Dollar To Naira Today: Fresh Exchange Rate Sparks Panic And Market Reactions (May 20, 2026)
What is the current Dollar to Naira exchange rate in the black market, also known as the parallel market (Aboki FX)?....KINDLY READ THE FULL STORY HERE▶
Below is the latest update on the black market Dollar to Naira exchange rate for May 20. This gives an estimate of how much you can exchange your dollars for in Naira at the parallel market.
Dollar to Naira Today (Black Market Rate)
At the Lagos parallel market (black market), traders reportedly sold the dollar at ₦1,400 and bought it at ₦1,385 on Tuesday, May 19, 2026, according to Bureau De Change (BDC) sources.
It is important to note that the Central Bank of Nigeria (CBN) does not officially recognize the parallel market. It advises individuals to carry out foreign exchange transactions through authorized banks.
Black Market Dollar to Naira Rate Today
- Selling Rate: ₦1,400
- Buying Rate: ₦1,385
CBN Dollar to Naira Rate Today
- Highest Rate: ₦1,374
- Lowest Rate: ₦1,370
Please note that forex rates may vary depending on location, dealer, and market conditions, so actual buying or selling prices may differ from those listed here.
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