Black Market Dollar to Naira Exchange Rate: What You Need to Know
Stay informed about the current exchange rate for dollars to naira at the parallel market, also known as the black market or Aboki fx. This rate can be used to swap your dollars for naira.
What’s the Current Dollar to Naira Exchange Rate?
Black Market Dollar to Naira Exchange Rate Today
As of December 1st, 2024, the exchange rate for a dollar to naira at Lagos parallel market players is buying at N1720 and selling at N1730, according to sources at Bureau De Change (BDC).
It’s essential to note that the Central Bank of Nigeria (CBN) does not recognize the parallel market, as it has directed individuals who want to engage in foreign exchange transactions to approach their respective banks.
Dollar to Naira Black Market Rate Today
| Dollar to Naira (USD to NGN) | Black Market Exchange Rate Today |
| Buying Rate | N1720 |
| Selling Rate | N1730 |
CBN Dollar to Naira Rate Today
| Dollar to Naira (USD to NGN) | CBN Rate Today |
| Buying Rate | N1662 |
| Selling Rate | N1663 |
Important Note
Keep in mind that the rates you buy or sell foreign exchange may vary, as prices can fluctuate.
The Securities and Exchange Commission (SEC) has issued a warning to Nigerians regarding Marino Limited, a cryptocurrency trading platform.
According to SEC, Marino is not licensed to operate in Nigeria’s capital market and any claims made by the company regarding its license are false and misleading.
SEC has advised the public to exercise caution and refrain from engaging with Marino FX Ltd or its representatives, as transacting with unregistered and unregulated entities exposes investors to financial risks.
SEC is committed to protecting the country’s capital market from scams and fraudulent activities.
