Current Black Market Dollar (USD) To Naira (NGN) Exchange Rate

As of Monday, April 7, 2025, the U.S. dollar exchanged for the Nigerian naira at the Lagos parallel market (commonly referred to as the black market) at a buying rate of ₦1,555 and a selling rate of ₦1,565 , according to sources within the Bureau De Change (BDC) network.......CONTINUE READING THE ARTICLE FROM THE SOURCE>>>>>

It’s important to highlight that the Central Bank of Nigeria (CBN) does not officially recognize the black market as a legitimate channel for foreign exchange transactions. The CBN continues to advise individuals and businesses seeking foreign currency to carry out their transactions through authorized financial institutions, particularly commercial banks.

Currency Buying Rate (₦) Selling Rate (₦)

USD to NGN 1,555 1,565

Currency Lowest Rate (₦) Highest Rate (₦)
USD to NGN 1,590 1,655

Note: Foreign exchange rates vary depending on location, volume of transaction, and demand. The rates listed here serve as a reference and may differ slightly from actual market prices at the time of exchange.