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Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 1st June 2025
Here’s the black market (also known as the parallel market) exchange rate for the U.S. Dollar to Nigerian Naira as of Saturday, May 31, 2025. These are the rates at which you can exchange your dollars for naira.....KINDLY READ THE FULL STORY HERE▶
Black Market Dollar to Naira Rate (Aboki fx Today)
At the Lagos Parallel Market (Black Market), dollar dealers are buying USD at ₦1606 and selling at ₦1615, according to sources from the Bureau De Change (BDC).
⚠️ Note: The Central Bank of Nigeria (CBN) does not recognize the parallel market rates. Individuals seeking foreign exchange are advised to transact through their banks, as directed by the CBN.
Summary of Exchange Rates:
| Exchange Type | Buying Rate | Selling Rate |
|---|---|---|
| Black Market | ₦1606 | ₦1615 |
CBN Official Rates:
| Highest Rate | Lowest Rate |
|---|---|
| ₦1589 | ₦1584 |
Keep in mind that actual rates may vary depending on location and dealer. Always confirm with your preferred forex vendor.
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