Check out the parallel market (black market) exchange rate for the U.S. dollar to Nigerian naira as of Tuesday, June 3, 2025. These are the rates at which you can trade your dollars for naira on the street.....KINDLY READ THE FULL STORY HERE▶
Black Market Dollar to Naira Exchange Rate (Lagos):
According to Bureau De Change (BDC) sources, the U.S. dollar is buying at ₦1,595 and selling at ₦1,620 in the Lagos black market today.
⚠️ Note: The Central Bank of Nigeria (CBN) does not officially recognize the parallel market. It advises individuals seeking foreign exchange to approach their banks directly.
Dollar to Naira – Black Market Rates (June 3, 2025):
| Rate Type |
Exchange Rate (₦) |
| Buying |
₦1,595 |
| Selling |
₦1,620 |
Dollar to Naira – CBN Official Rates:
| Rate Type |
Exchange Rate (₦) |
| Highest Rate |
₦1,584 |
| Lowest Rate |
₦1,579 |
Disclaimer: Exchange rates may vary depending on the location and trader. Rates listed here are based on market averages and should be used as a guide.
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