Viral
Dollar to Naira Exchange Rate – Black Market (Aboki) Rate
The dollar to naira exchange rate at the Lagos Parallel Market, popularly known as the black market, stood at ₦1,415 per dollar for selling and ₦1,406 per dollar for buying on Friday, July 24, 2026, according to Bureau De Change (BDC) sources.
It is important to note that the Central Bank of Nigeria (CBN) does not recognise the parallel market. The apex bank has consistently advised individuals and businesses seeking foreign exchange to obtain it through authorised commercial banks and other approved financial institutions.
Dollar to Naira Black Market Rate
| Currency | Buying Rate | Selling Rate |
|---|---|---|
| US Dollar (USD) | ₦1,406 | ₦1,415 |
Dollar to Naira CBN Official Rate
According to the official foreign exchange window, the CBN rates for the US dollar are:
| Currency | Lowest Rate | Highest Rate |
|---|---|---|
| US Dollar (USD) | ₦1,359 | ₦1,365 |
Exchange rates may vary depending on location, transaction volume, and the Bureau De Change operator or financial institution involved. As a result, the rate at which you buy or sell foreign currency may differ slightly from the figures quoted above.
