Dollar To Naira Black Market Rate Today – June 20, 2025
Published on Friday, June 20, 2025
Dollar climbs in parallel market as naira struggles to hold ground
If you’re looking to exchange your dollars today, here’s what you need to know about the current Dollar to Naira exchange rate in the black market (Aboki FX) on Friday, June 20, 2025.
Despite ongoing efforts to stabilize the Naira, the U.S. dollar continues to trade above ₦1600 in Nigeria’s parallel market, reflecting ongoing pressure on the local currency.
💱 Black Market (Aboki FX) Rates – 20th June 2025
According to traders and sources at the Lagos Bureau De Change (BDC):
These rates reflect the unofficial market, where currency dealers buy and sell foreign exchange outside of the regulatory oversight of the Central Bank of Nigeria (CBN).
💹 Official CBN Rates – 20th June 2025
Meanwhile, at the Central Bank of Nigeria:
⚠️ Note: The CBN does not recognize the black market as an official trading platform and encourages all foreign exchange transactions to be routed through authorized financial institutions.
📝 Final Note:
Keep in mind that exchange rates can fluctuate frequently based on demand and supply, location, and transaction size. It’s always advisable to compare rates from trusted sources or BDC operators before making large transactions.
