Forex Sh*ck: Latest Dollar To Naira Rate For March 12, 2026 Revealed
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What is the current Dollar to Naira exchange rate in the black market, commonly referred to as the parallel market (Aboki FX)?
Below is the Dollar to Naira exchange rate for March 11. These are the rates at which the U.S. dollar is currently traded for the Nigerian naira in the parallel market.
How much is a dollar to naira today in the black market?
At the Lagos parallel market, also known as the black market, traders are selling one U.S. dollar for ₦1,420 and buying at ₦1,400 as of Wednesday, March 11, 2026, according to sources from Bureau De Change (BDC) operators.
It is important to note that the Central Bank of Nigeria (CBN) does not officially recognise transactions carried out in the parallel market. The apex bank has advised individuals seeking foreign exchange to conduct such transactions through authorised commercial banks.
Dollar to Naira Black Market Rate Today
USD to NGN (Black Market)
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Selling Rate: ₦1,420
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Buying Rate: ₦1,400
Dollar to Naira Official CBN Rate Today
USD to NGN (CBN Rate)
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Highest Rate: ₦1,388
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Lowest Rate: ₦1,373
Keep in mind that the actual price at which you buy or sell foreign exchange may differ slightly from these figures, as rates can vary depending on the location and the dealer. 💱
