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Forex Turmoil: Naira Takes a Hit As Dollar Surges — Today’s Rate Revealed
What is the 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 black market Dollar to Naira rate for February 2nd, which shows how much you can get when exchanging dollars for Naira.
Dollar to Naira Today in the Black Market
At the Lagos Parallel Market (Black Market), Bureau De Change (BDC) sources report that on Monday, February 2, 2025, a dollar is sold for ₦1,460 and bought at ₦1,440.
It’s important to note that the Central Bank of Nigeria (CBN) does not recognize the parallel market. The CBN has directed anyone looking to trade in Forex to go through official banks.
Black Market Dollar to Naira Rate (Feb 2, 2025)
| Transaction | Rate (₦) |
|---|---|
| Selling | 1,460 |
| Buying | 1,440 |
Official CBN Dollar to Naira Rate (Feb 2, 2025)
| Transaction | Rate (₦) |
|---|---|
| Highest | 1,396 |
| Lowest | 1,381 |
Please note that actual rates for buying or selling Forex may differ from those listed here, as prices fluctuate frequently.
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