Panic As Naira Nosedives! Check Today’s Unbelievable Dollar Rate
How much is one dollar to Naira today on the black market (Aboki FX)?
Here’s the latest update on the exchange rate between the U.S. Dollar (USD) and Nigerian Naira (NGN) at the black market, also referred to as the parallel market.
As of Sunday, June 8, 2025, the exchange rates at the Lagos black market are as follows:
-
Buying Rate: ₦1,615 per $1
-
Selling Rate: ₦1,620 per $1
These figures are based on reports from currency dealers at various Bureau De Change (BDC) outlets.
Note: The Central Bank of Nigeria (CBN) does not officially recognize the parallel market. It advises individuals seeking foreign exchange transactions to use their respective banks and authorized dealers.
Dollar to Naira Exchange Rates – Summary
| Market |
Buying Rate |
Selling Rate |
| Black Market |
₦1,615 |
₦1,620 |
| Source |
Highest Rate |
Lowest Rate |
| CBN Official Rate |
₦1,560 |
₦1,545 |
Disclaimer: Exchange rates fluctuate frequently and may vary depending on location, time, and the source of transaction. Always confirm current rates before proceeding with any forex exchange.
