Forex Crisis? Check the Latest USD To NGN Black Market Exchange Rate For March 9, 2025
Black Market Dollar to Naira Exchange Rate – March 8, 2025
What is the exchange rate of the US dollar to the Nigerian naira in the black market, also known as the parallel market (Aboki FX)?
Check out the latest black market exchange rate for March 8, 2025, below. These are the rates at which you can exchange your dollars for naira.
Current Black Market Exchange Rate (Aboki FX)
As of Saturday, March 8, 2025, at the Lagos Parallel Market (Black Market), currency traders buy a dollar for ₦1,580 and sell at ₦1,590, according to sources from the Bureau De Change (BDC).
Note: The Central Bank of Nigeria (CBN) does not recognize the black market and advises individuals to conduct foreign exchange transactions through official banking channels.
Dollar to Naira Black Market Rate Today
| USD to NGN | Black Market Rate (Aboki FX) |
|---|---|
| Buying Rate | ₦1,580 |
| Selling Rate | ₦1,590 |
CBN Official Dollar to Naira Rate Today
| USD to NGN | CBN Exchange Rate |
|---|---|
| Highest Rate | ₦1,615 |
| Lowest Rate | ₦1,505 |
Disclaimer: Forex rates may vary depending on location, demand, and supply. The rates listed here may differ from those at which you buy or sell currency.
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