Black Market Dollar to Naira Exchange Rate – March 12, 2025....KINDLY READ THE FULL STORY HERE▶
What is the current Dollar to Naira exchange rate in the black market, also known as the parallel market (Aboki FX)
Below is the latest black market exchange rate for March 12, 2025. If you’re looking to exchange your dollars for naira, these are the prevailing rates:
Dollar to Naira Black Market Rate Today (Aboki FX)
At the Lagos Parallel Market (Black Market), Bureau De Change (BDC) sources report that traders are buying dollars at ₦1580 and selling at ₦1585 as of Wednesday, March 12, 2025.
⚠️ Important Notice: The Central Bank of Nigeria (CBN) does not recognize the black market (parallel market). Individuals looking to trade forex are advised to do so through official banking channels.
Exchange Rates Breakdown
Black Market Exchange Rate (USD to NGN) – March 12, 2025
- Buying Rate: ₦1580
- Selling Rate: ₦1585
CBN Official Exchange Rate (USD to NGN) – March 12, 2025
- Highest Rate: ₦1550
- Lowest Rate: ₦1535
Note: Forex rates may vary depending on location, demand, and negotiation.