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Black Market Dollar to Naira Exchange Rate for March 17, 2025
Black Market Dollar to Naira Exchange Rate for March 17, 2025
The exchange rate for the U.S. dollar against the Nigerian naira in the black market, also referred to as the parallel market (Aboki FX), has been updated for today, March 17, 2025…….READ MORE
According to sources from Bureau De Change (BDC) operators in Lagos, the exchange rate for Sunday, March 16, 2025, stood as follows:
- Buying rate: ₦1,595 per dollar
- Selling rate: ₦1,610 per dollar
Meanwhile, the Central Bank of Nigeria (CBN) has maintained its official exchange rate within the range of ₦1,480 to ₦1,548 per dollar. The CBN does not recognize the parallel market and advises individuals to conduct foreign exchange transactions through official banking channels.
It is important to note that exchange rates may vary based on location and negotiation.
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