Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 17th July 2025

Black Market Dollar to Naira Exchange Rate for July 16, 2025 (Aboki FX)

What is the current Dollar to Naira exchange rate at the parallel market, also known as the black market or Aboki FX?

Below is the Dollar to Naira rate as of Wednesday, July 16, 2025. These are the rates at which you can exchange dollars for naira on the streets and with Bureau De Change (BDC) operators.

Black Market (Aboki FX) Exchange Rate Today – July 16, 2025

• Buying Rate: ₦1,530

• Selling Rate: ₦1,535

These figures reflect the rates quoted by traders and BDC sources in Lagos and other major cities.

CBN Official Exchange Rate Today – July 16, 2025

While the black market remains active, the Central Bank of Nigeria (CBN) does not recognize the parallel market. The CBN encourages those seeking foreign exchange to do so through official banking channels.

• Highest Rate: ₦1,533

• Lowest Rate: ₦1,527

Note: Forex rates can fluctuate and may vary slightly depending on your location and the specific BDC you transact with.