Dollar To Naira Exchange RateForeign Currency Exchange Rates

How Much Is Dollar To Naira Today In Black Market

This is today’s Dollar to Naira Exchange rate at the black market gotten from Aboki Forex, Aboki fx, and other Aboki exchanges.

In this article, you can see the current rate for dollar to Naira, both the Official CBN and the black market rate.

Dollar To Naira Bank Rate Today

Note that the Central Bank of Nigeria (CBN) does not recognize the parallel market (black market). The parallel exchange rate (black market rate) is always different from the official CBN rate. The black market rate is the rate you can buy or sell your dollars for naira (and other foreign currencies) through the BDCs, Aboki exchanges, and other black market Forex routes.

The black market rate for dollars is frequently higher than the Central Bank of Nigeria (CBN). The CBN Exchange rate is the rate at which you can purchase or sell dollars for Naira on the CBN dollar-to-naira website, cbn.gov.ng.

How Much Is A Dollar To Naira Today In The Black Market 

See today’s Dollar to Naira exchange rate. You can convert your dollar to Naira at these black market rates instead of selling your dollar to the banks at the official CBN and bank rates.

Nigerians prefer to exchange their foreign currencies, particularly dollars to Naira, on the black market since the conversion rate is much higher than what the CBN and bank offer.

The naira in the parallel market is trading for N750 against the U.S. dollar on the exchange platform from Aboki Forex.

What is Dollar to Naira Black Market Rate Today?

Dollar to Naira (USD to NGN) Black Market Exchange Rate Today
Selling Rate 750
Buying Rate 738

 

Dollar to Naira bank rate Today

The different dollar to naira Bank rates include the following;

  • First bank dollar rate for $1 – 500
  • Wema bank dollar rate for $1 – 461
  • Access bank dollar rate for $1 – 505
  • Stanbic bank dollar rate for $1 – 475
  • Zenith bank dollar rate for $1 – 480
  • GTbank dollar rate for $1 – 416
  • UBA bank dollar rate for $1- 503

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