Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 23rd May 2025

What is today’s Dollar to Naira exchange rate at the black market, also referred to as the parallel market or Aboki FX?

Check the current black market exchange rate for the U.S. Dollar to Nigerian Naira as of Thursday, May 22, 2025. Below are the buying and selling rates at which you can exchange your dollars for naira.

How Much is One Dollar to Naira in the Black Market Today?

According to Bureau De Change (BDC) sources in Lagos, here are the prevailing rates in the parallel market:

• Buying Rate: ₦1625 per $1

• Selling Rate: ₦1630 per $1

Note: These rates may differ depending on your location and the dealer you transact with.

Important Notice:
The Central Bank of Nigeria (CBN) does not officially recognize the parallel market. For foreign exchange transactions, the CBN advises individuals to use official channels by contacting their banks.

Official CBN Exchange Rates for May 22, 2025:

• Highest Rate: ₦1588 per $1

• Lowest Rate: ₦1582 per $1

Please be aware that forex rates fluctuate and may vary slightly from what is reported here, depending on market conditions and dealer discretion.