Naira In Crisis? See Today’s Black Market Dollar Exchange Rate – February 2, 2025

Wondering about the current Dollar to Naira exchange rate at the black market, also known as the parallel market (Aboki FX)? Here’s the latest update for February 1, 2025. You can exchange your dollars for Naira at the rates below.....KINDLY READ THE FULL STORY HERE▶

What Is the Dollar to Naira Rate in the Black Market Today?
At the Lagos Parallel Market (Black Market), Bureau De Change (BDC) operators are buying dollars at ₦1630 and selling at ₦1640 as of Saturday, February 1, 2025.

⚠️ Important Notice: The Central Bank of Nigeria (CBN) does NOT recognize the black market. The CBN advises individuals seeking foreign exchange (Forex) to approach their banks directly.

Dollar to Naira Black Market Rate Today (Aboki FX)

• Buying Rate: ₦1630
• Selling Rate: ₦1640

Dollar to Naira Official CBN Rate Today

• Highest Rate: ₦1517
• Lowest Rate: ₦1490

Note: The actual rate at which you buy or sell Forex may differ slightly from the rates listed here due to market fluctuations.

Meanwhile, CBN Governor Olayemi Cardoso has announced that the apex bank’s policy interventions helped prevent Nigeria’s inflation from skyrocketing to 42.81% by December 2024.