The Dollar to Naira exchange rate at the black market, also known as the parallel market (Aboki FX), has continued to fluctuate as demand for foreign currency remains high across Nigeria.
As of Wednesday, 10th December 2025, traders at the Lagos Bureau De Change (BDC) reported that the US Dollar is sold at ₦1,495 and bought at ₦1,480 at the parallel market.
Dollar to Naira Black Market Rate (Today)
| Currency | Buying Rate | Selling Rate |
|---|---|---|
| USD to NGN | ₦1,480 | ₦1,495 |
Meanwhile, the Central Bank of Nigeria (CBN) has maintained that it does not recognize the black market and has advised Nigerians to conduct foreign exchange transactions through official banks and licensed dealers.
Official CBN Dollar to Naira Rate (Today)
| Currency | Lowest Rate | Highest Rate |
|---|---|---|
| USD to NGN | ₦1,450 | ₦1,457 |
Market analysts note that exchange rates may vary slightly depending on location and dealer, as prices are determined by demand and supply.
Stay tuned for more updates on forex trends and market movements across Nigeria.
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