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Dollar Soars Again: Naira Struggles As Exchange Rate Hits New Levels

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What is the current Dollar to Naira exchange rate in the black market, also known as the parallel market (Aboki FX)?....KINDLY READ THE FULL STORY HERE▶

Below is the Dollar to Naira black market rate for March 17. These are the rates at which dollars are typically exchanged for naira in the parallel market.

How much is a dollar to naira today in the black market?
At the Lagos parallel market, traders sell one dollar for ₦1430 and buy at ₦1412 as of Tuesday, March 17, 2026, according to Bureau De Change (BDC) sources.

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It is important to note that the Central Bank of Nigeria (CBN) does not officially recognize the black market. The apex bank advises individuals seeking foreign exchange to conduct transactions through authorized financial institutions.

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Dollar to Naira Black Market Rate (Today)

  • Selling Rate: ₦1430

  • Buying Rate: ₦1412

Dollar to Naira CBN Official Rate (Today)

  • Highest Rate: ₦1355

  • Lowest Rate: ₦1340

Please note that actual exchange rates may vary slightly depending on location and dealer, as forex prices are not fixed.

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