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Dollar To Naira Exchange Rate: Latest Official, Black Market Figures Emerge
Below is the reported black-market Dollar to Naira exchange rate for Thursday, August 20, 2026. The rates indicate how much traders were selling and buying the US dollar for in exchange for the naira.
How much is a dollar to naira today on the black market?
Dollar to Naira Exchange Rate Today: Black Market (Aboki FX)
According to sources within the Bureau De Change (BDC) sector, traders at the Lagos Parallel Market were selling the US dollar for ₦1,415 and buying it for ₦1,405 on Thursday, August 20, 2026.
It is important to note that the Central Bank of Nigeria (CBN) does not recognise the parallel or black market as an official foreign exchange market. The apex bank has advised individuals seeking to conduct foreign exchange transactions to do so through authorised financial institutions, including commercial banks.
Dollar to Naira Black Market Rate Today
| Dollar to Naira (USD to NGN) | Black Market Exchange Rate |
|---|---|
| Selling Rate | ₦1,415 |
| Buying Rate | ₦1,405 |
Dollar to Naira CBN Rate Today
| Dollar to Naira (USD to NGN) | CBN Rate |
| Highest Rate | ₦1,351 |
| Lowest Rate | ₦1,347 |
Important Notice
The exchange rates stated above are indicative and may differ from the actual rates offered by individual forex dealers, banks or Bureau De Change operators. Foreign exchange rates can fluctuate based on market conditions, location and the time of transaction.
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