Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 7th July 2025

What is the Dollar to Naira exchange rate in the black market (also known as the parallel market or Aboki FX)?

Check below for the black market exchange rate for the dollar to naira as of Saturday, July 6, 2025. These are the rates at which you can exchange your dollars for naira.

Dollar to Naira Black Market Exchange Rate Today

In the Lagos Parallel Market (Black Market), traders are buying dollars at ₦1,555 and selling at ₦1,560 as of Sunday, July 6, 2025, based on information from Bureau De Change (BDC) sources.

⚠️ Important Note:
The Central Bank of Nigeria (CBN) does not recognize the parallel market, advising individuals seeking foreign exchange to approach their banks directly for official rates.

Summary of Rates:

Black Market (Aboki FX) Rate:

• Buying: ₦1,555

• Selling: ₦1,560

CBN Official Rate:

• Highest Rate: ₦1,530

• Lowest Rate: ₦1,526

Please be aware that actual buying or selling rates may vary depending on location, demand, and transaction volume. Always confirm with your forex dealer before making any exchange.