As of Saturday, February 24th, 2024, the black market (Aboki) exchange rate for the dollar to naira stands at N1750 for buying and N1765 for selling, as reported by Bureau De Change (BDC) sources in Lagos Parallel Market.
It’s important to mention that the Central Bank of Nigeria (CBN) does not officially recognize the parallel market (black market) for foreign exchange transactions. The CBN advises individuals seeking forex transactions to utilize authorized banks.
Here are the latest rates:
- Dollar to Naira (USD to NGN) Black Market Exchange Rate Today:
- Buying Rate: N1750
- Selling Rate: N1765
- Dollar to Naira (USD to NGN) CBN Rate Today:
- Buying Rate: 1488
- Selling Rate: 1489
Please note that actual forex rates may vary from those mentioned in this report due to market fluctuations.