Black Market Dollar To Naira Exchange Rate Today, February 3, 2025

Black Market Dollar to Naira Exchange Rate (Parallel Market) – February 2, 2025

Wondering about the Dollar to Naira exchange rate in the black market (also known as the parallel market or Aboki FX)? Check out the latest rates below.

How Much is a Dollar to Naira Today in the Black Market?

As of Sunday, February 2, 2025, the Lagos Parallel Market (Black Market) exchange rate stands at:

• Buying Rate: ₦1,630 per $1
• Selling Rate: ₦1,640 per $1

This information is sourced from Bureau De Change (BDC) operators.

Important Notice from the CBN

The Central Bank of Nigeria (CBN) does not officially recognize the parallel market and advises individuals to conduct foreign exchange transactions through their respective banks.

Official CBN Dollar to Naira Exchange Rate – February 2, 2025

• Highest Rate: ₦1,517 per $1
• Lowest Rate: ₦1,490 per $1