Black Market Dollar Rate Skyrockets! Find Out The Latest USD To NGN Exchange Rate – March 23, 2025

What is the Dollar to Naira Exchange Rate in the Black Market (Parallel Market)?

Find out the current black market exchange rate for the U.S. dollar to the Nigerian naira below. If you’re looking to exchange dollars for naira, these are the prevailing rates.

Black Market (Aboki FX) Exchange Rate for March 22, 2025

According to Bureau De Change (BDC) sources in Lagos, the exchange rate for the dollar at the parallel market is as follows:

• Buying Rate: ₦1,580 per $1

• Selling Rate: ₦1,590 per $1

It is important to note that the Central Bank of Nigeria (CBN) does not recognize the parallel market (black market) and advises individuals seeking foreign exchange to use official banking channels.

CBN Dollar to Naira Exchange Rate Today

At the official CBN rate, the exchange values are:

• Highest Rate: ₦1,545

• Lowest Rate: ₦1,526

Please be aware that forex rates may vary depending on location, transaction volume, and negotiation with currency dealers.