Black Market Sh*ckwave: Dollar Soars, Naira Tumbles Further On April 12, 2025!
What is the Dollar to Naira Exchange Rate at the Black Market (Also Known as Aboki FX)?
Below is the black market (parallel market) exchange rate for the U.S. Dollar to Nigerian Naira as of Friday, April 11, 2025. These are the rates at which you can exchange your dollars for naira:
Black Market Dollar to Naira Exchange Rate (Aboki FX) – April 11, 2025
According to sources at the Bureau De Change (BDC) in Lagos, the dollar was bought at ₦1,620 and sold at ₦1,627 in the black market on Friday.
Please be aware that the Central Bank of Nigeria (CBN) does not officially recognize the black market for foreign exchange transactions. The CBN advises individuals and businesses to conduct forex transactions through authorized banks.
Dollar to Naira Exchange Rates – Summary
| Rate Type | USD to NGN Rate |
|---|---|
| Black Market Buying Rate | ₦1,620 |
| Black Market Selling Rate | ₦1,627 |
| CBN Highest Rate | ₦1,630 |
| CBN Lowest Rate | ₦1,570 |
Note: The actual rates at which you buy or sell foreign currency may differ from those listed above, as exchange rates vary depending on location and demand.
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