Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 1st August, 2025

Black Market Dollar to Naira Exchange Rate Today – July 31, 2025

Looking to exchange dollars for naira at the parallel market (commonly known as the black market or Aboki FX)? Below is the current rate as of Thursday, July 31, 2025.

Black Market Exchange Rate (Lagos)

According to information from Bureau De Change (BDC) sources in Lagos:

• Buying Rate: ₦1,545 per $1

• Selling Rate: ₦1,550 per $1

These are the rates at which dollars are being bought and sold in the street market today.

Important Note:

The Central Bank of Nigeria (CBN) does not recognize the black market. All forex transactions are officially advised to be carried out through commercial banks and authorized dealers.

CBN Official Dollar to Naira Rate (July 31, 2025)

• Highest Rate: ₦1,535

• Lowest Rate: ₦1,533

Keep in mind that exchange rates fluctuate frequently. The rate you get might vary slightly depending on location, amount, and demand.