Currency Chaos: Dollar Breaks Through Naira Ceiling — Black Market Rates Explode

Dollar to Naira Exchange Rate Today — Black Market (Aboki FX) Update

What is the current Dollar to Naira exchange rate at the black market, also known as the parallel market (Aboki FX)?
Below is the exchange rate for October 20, 2025, as obtained from Bureau De Change (BDC) sources.

How Much Is a Dollar to Naira Today in the Black Market?

At the Lagos Parallel Market (Black Market) on Monday, October 20, 2025, traders bought the U.S. dollar at ₦1,480 and sold it at ₦1,500, according to sources at the Bureau De Change (BDC).

Please note that the Central Bank of Nigeria (CBN) does not officially recognize the black market. The CBN has advised individuals seeking foreign exchange to do so only through authorized financial institutions.

Dollar to Naira Black Market Rate Today

Dollar to Naira CBN Rate Today

Note: Exchange rates may vary depending on location, time of transaction, and market demand. Always confirm current rates before carrying out forex transactions.