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Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 3rd July 2025

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What is the current Dollar to Naira exchange rate in the black market (also known as the parallel market or Aboki FX)?
Find below the black market exchange rate for the U.S. Dollar to Naira as of Tuesday, July 2, 2025. These are the rates at which you can exchange your dollars for naira.....KINDLY READ THE FULL STORY HEREā–¶

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How much is 1 Dollar to Naira today in the black market?

According to sources at the Bureau De Change (BDC) in Lagos, the exchange rate at the parallel market stands as follows:

  • Buying Rate: ₦1560 per $1

  • Selling Rate: ₦1570 per $1

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Please be aware that the Central Bank of Nigeria (CBN) does not recognize the parallel market. The CBN advises individuals or businesses seeking foreign exchange to approach their banks or licensed financial institutions.

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Dollar to Naira Black Market Rate (July 2, 2025)

USD to NGN Black Market Rate
Buying ₦1560
Selling ₦1570

Dollar to Naira CBN Official Rate (July 2, 2025)

USD to NGN CBN Rate
Highest ₦1532
Lowest ₦1524

Disclaimer: Rates may vary depending on your location, dealer, and method of transaction. This article provides indicative rates and may differ from actual market conditions.

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