Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 6th May 2025

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

As of Monday, 5th May 2025, the exchange rate at the Lagos Parallel Market (Black Market) is as follows:

• Buying Rate: ₦1590

• Selling Rate: ₦1598

These rates are based on information from sources at Bureau De Change (BDC).

Please Note: The Central Bank of Nigeria (CBN) does not officially recognize the parallel market. It has instructed individuals who need to exchange foreign currency to visit their designated banks.

Dollar to Naira Exchange Rates:

• Black Market Rate:

  • Buying: ₦1590

  • Selling: ₦1598

• CBN Official Rate:

  • Highest Rate: ₦1606

  • Lowest Rate: ₦1600

Keep in mind that actual exchange rates can vary, and the rates provided in this article may not exactly match those in different locations.