Do you want to know Dollar to Naira black market rate today?
Before we go further, it’s important for readers to understand what it means to “Buy” and “Sell” dollars. Buying a Dollar means getting one with Naira, while Selling means exchanging your dollars for Naira at the black market rate.
Now, to the question, “What is the Dollar To Naira Black Market Exchange Rate for Today?” According to dealers in Zone 4, Wuse Abuja, a popular BDC center in Nigeria, one Dollar was bought at ₦1,485 and sold at ₦1,490 today.
Black Market/Aboki Rate Exchange Table Today
| Denomination in Dollar($) | Black Market Exchange Rate Today in Naira |
| 5 | ₦7,825 |
| 10 | ₦15,650 |
| 20 | ₦31,300 |
| 50 | ₦78,250 |
| 100 | ₦156,500 |
| 150 | ₦234,750 |
| 200 | ₦313,000 |
| 300 | ₦469,500 |
| 350 | ₦547,750 |
| 400 | ₦626,000 |
| 500 | ₦782,500 |
| 800 | ₦1,252,000 |
| 1000 | ₦1,565,000 |
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 CBN Rate Today
Parallel exchange rate (black market) exchange rate is always different from CBN rate. Currently, Naira is trading at 1520 Naira Per Dollar. The Nigerian Economy is drastically affected by the Dollar to Naira exchange rate.
| CBN Selling Rate | ₦1,490 |
| CBN Buying Rate | ₦1,485 |