The Dollar to Naira exchange rate at the black market, also known as the parallel market (Aboki FX), has once again made headlines as Nigerians continue to track fluctuations in the foreign exchange market.
According to reports from Bureau De Change (BDC) operators in Lagos, the exchange rate for Sunday, August 31, 2025, shows that:
- Buying rate: ₦1,545 per $1
- Selling rate: ₦1,527 per $1
This means individuals looking to sell dollars can do so at ₦1,545, while buyers will have to pay ₦1,527 for every dollar.
It is important to note that the Central Bank of Nigeria (CBN) does not recognize or approve transactions carried out in the parallel (black) market. The apex bank has maintained its stance that individuals or businesses seeking foreign exchange should make use of official banking channels.
Despite this, many Nigerians still rely on the black market due to difficulties accessing dollars through official sources, making Aboki FX rates a key reference point for traders, importers, and individuals.
As the naira continues to struggle against the dollar, all eyes remain on the forex market and CBN’s next policy direction.
Dollar to Naira Black Market Rate Today
| Dollar to Naira (USD to NGN) | Black Market Exchange Rate Today |
| Buying Rate | ₦1545 |
| Selling Rate | ₦1527 |
Dollar to Naira CBN Rate Today
| Dollar to Naira (USD to NGN) | CBN Rate Today |
| Highest Rate | ₦1534 |
| Lowest Rate | ₦1525 |
Please note that the rates you buy or sell forex may be different from what is captured in this article because prices vary.
