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Dollar To Naira Rate Today: Official, Black Market Prices Revealed
What is the current Dollar to Naira exchange rate at the black market, also known as the parallel market or Aboki FX?
Below is the reported black-market exchange rate for Tuesday, August 25, 2026, showing how much traders were selling and buying the US dollar for in exchange for the naira.
How Much Is a Dollar to Naira Today at the Black Market?
According to sources within the Bureau De Change (BDC) market, operators in the Lagos parallel market were selling the dollar at ₦1,407 and buying it at ₦1,398 on Tuesday, August 25, 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 forex services to transact through authorised financial institutions.
Dollar to Naira Black Market Rate
| USD to NGN | Black Market Rate |
|---|---|
| Selling Rate | ₦1,407 |
| Buying Rate | ₦1,398 |
Dollar to Naira CBN Rate
| USD to NGN | CBN Rate |
|---|---|
| Highest Rate | ₦1,350 |
| Lowest Rate | ₦1,345 |
Note: Exchange rates can fluctuate throughout the day and may vary from one dealer or location to another. The rates quoted above may therefore differ from the actual rate available when you buy or sell foreign currency.
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