Black Market Dollar To Naira Exchange Rate Today 27th October 2023

What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)?

See the black market Dollar to Naira exchange rate for 26th October, below. You can swap your dollar for Naira at these rates.

How much is a dollar to naira today in the black market?

Dollar to naira exchange rate today black market (Aboki dollar rate):

The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N1290 and sell at N1300 on Thursday 26th October 2023, according to sources at Bureau De Change (BDC).

Please note that the Central Bank of Nigeria (CBN) does not recognize the parallel market (black market), as it has directed individuals who want to engage in Forex 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	N1290
Selling Rate	N1300

Dollar to Naira CBN Rate Today

Dollar to Naira (USD to NGN)	Black Market Exchange Rate Today
Buying Rate	802
Selling Rate	803

Please note that the rates you buy or sell forex may be different from what is captured in this article because prices vary.

Naira Regains Value In Exchange For US Dollar For First Time In A Month

Nigeria’s currency, the Naira, on Wednesday, regained some value in exchange for the United States (US) Dollar at the black market.

Naija News learnt that at yesterday’s trading, the black market exchange rate was ₦1,300 per dollar, representing a 0.76% increase (N10) compared to the ₦1,310 rate recorded on Tuesday on the black market.

On Wednesday, there were indications of a slight improvement in the persistent foreign exchange pressure, which had been worsened by the Naira plummeting to as low as ₦1,310 per dollar, as the demand for foreign currency eased slightly.

The most recent instance of Naira appreciation occurred on October 3, 2023, when it increased by 0.79% (N8) against the US Dollar.