Connect with us

Latest News

Exchange Rate Shock: Naira Hits New Low at ₦1,635 per Dollar in Parallel Market

Published

11 months ago

on

nigerian naira 27

What Is the Dollar to Naira Exchange Rate in the Black Market (Aboki FX)?

Find below the parallel market (black market) exchange rate for the US Dollar to Nigerian Naira as of Tuesday, May 13, 2025. These are the rates at which you can exchange your dollars for naira.

Tragedy in Birnin Kebbi: 30-Year-Old Confesses to Killing Over Argument

Black Market Dollar to Naira Exchange Rate (Aboki Rate) – May 13, 2025:

According to sources within the Bureau De Change (BDC) in Lagos, dollar trades in the parallel market are as follows:

Advertisement

  • Buying Rate: ₦1,630/$1

  • Selling Rate: ₦1,635/$1

Please be aware that the Central Bank of Nigeria (CBN) does not recognize the black market and advises individuals seeking foreign exchange to do so through their respective banks.

Dollar to Naira Exchange Rates Today

Category USD to NGN Exchange Rate
Black Market – Buying ₦1,630
Black Market – Selling ₦1,635
CBN Official Rate – Highest ₦1,610
CBN Official Rate – Lowest ₦1,597

Note: Exchange rates can vary based on location, time of day, and transaction volume. Always confirm with your dealer before proceeding.

Abuja-Lokoja Road Delays Under Fire As Presidential Aide Demands Action
Related Topics:
Advertisement
Click to comment
Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Trending

0
Would love your thoughts, please comment.x
()
x