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

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What is the current Dollar to Naira exchange rate at the black market (also known as Aboki FX)?
Here’s the parallel market exchange rate for May 16th, 2025. You can exchange your dollars for Naira at the following rates:....KINDLY READ THE FULL STORY HERE▶

Black Market (Parallel Market) Dollar to Naira Rate – May 16, 2025

According to sources at the Bureau De Change (BDC) in Lagos, the dollar is being bought at ₦1,622 and sold at ₦1,635 on Friday, May 16.

Note: The Central Bank of Nigeria (CBN) does not officially recognize the black market and has advised individuals seeking foreign exchange to do so through their respective banks.


Dollar to Naira – Exchange Rates Today

Market Type Buying Rate Selling Rate
Black Market ₦1,622 ₦1,635
CBN Official Rate ₦1,597 – ₦1,603 Varies

Please keep in mind that actual transaction rates may differ depending on your location and the source of exchange.

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