Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 24th May 2025

What is the current exchange rate of the US Dollar to the Nigerian Naira in the black market (also known as the parallel market or Aboki fx)?

Below is the black market rate for Friday, May 23, 2025. These are the rates at which you can exchange your dollars for naira.

According to sources at the Bureau De Change (BDC) in Lagos, the dollar is being bought at ₦1615 and sold at ₦1625 on the parallel market.

Dollar to Naira – Black Market Rates (May 23, 2025):

• Buying Rate: ₦1615

• Selling Rate: ₦1625

Dollar to Naira – Official CBN Rates:

• Highest Rate: ₦1585

• Lowest Rate: ₦1575

Disclaimer: The Central Bank of Nigeria (CBN) does not recognize the black market and advises those needing foreign exchange to do so through official banking channels. Exchange rates may also vary depending on your location and forex dealer.