Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 20th April 2025

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What is the current Dollar to Naira exchange rate at the black market (also known as Aboki FX)?

Check out the black market exchange rate for Saturday, April 19, 2025, below. These are the prevailing rates at which you can exchange dollars for naira.

Black Market Dollar to Naira Exchange Rate Today

At the Lagos Parallel Market (Black Market), currency traders are buying dollars at ₦1600 and selling at ₦1605, based on information gathered from Bureau De Change (BDC) sources.

Important Note:
The Central Bank of Nigeria (CBN) does not officially recognize the black market. The CBN advises individuals in need of foreign exchange (Forex) to use authorized financial institutions, such as commercial banks.

Summary of Rates

Exchange Type Rate
Buying (Black Market) ₦1600
Selling (Black Market) ₦1605
CBN Official Rate (Highest) ₦1603
CBN Official Rate (Lowest) ₦1595

Keep in mind that exchange rates may vary slightly depending on the location, dealer, and volume of the transaction.

Meanwhile, the Nigerian Presidency has noted that the country’s financial performance under President Bola Tinubu has seen significant improvement when compared to previous administrations.

Author:
BushRadio

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