What is the current exchange rate for dollars and nairas on the black market, commonly referred to as the parallel market (Aboki fx)? See below for the 16th of March’s black market Dollar to Naira conversion rate. With these prices, you can exchange your dollars into naira.
How much does one dollar currently exchange for in the black market?
Current black market exchange rate from the dollar to the naira (Aboki dollar rate):
On Thursday, March 16, 2023, players at the Lagos Parallel Market (Black Market) would buy a dollar for N750 and sell it for N754, according to sources at the Bureau de Change (BDC).
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 Black Market Rate Today
| Dollar to Naira (USD to NGN) | Black Market Exchange Rate Today |
| Buying Rate | N750 |
| Selling Rate | N754 |
Please note that the rates you buy or sell forex may be different from what is captured in this article because prices vary.