Business
Dollar to Naira Exchange Rate: Today’s Black Market Rates – 31th August 2024

Are you wondering what the Dollar to Naira exchange rate is in the black market today? Here’s the latest update on the parallel market, often referred to as the Aboki FX.
Today’s Dollar to Naira Exchange Rate at the Black Market
As of Thursday, 30th August 2024, the Dollar to Naira exchange rate in Lagos’ Parallel Market (Black Market) is as follows:
- Buying Rate: ₦1615 per dollar
- Selling Rate: ₦1630 per dollar
These rates are sourced directly from Bureau De Change (BDC) operators.
It’s important to note that the Central Bank of Nigeria (CBN) does not officially recognize the black market for foreign exchange transactions. The CBN advises individuals seeking to exchange foreign currency to approach their respective banks for official rates.
Dollar to Naira Black Market Rate Today
- Buying Rate: ₦1615
- Selling Rate: ₦1630
Dollar to Naira CBN Rate Today
- Buying Rate: ₦1602
- Selling Rate: ₦1603
Please keep in mind that the rates at which you buy or sell foreign exchange may differ slightly from what is mentioned here, as exchange rates can vary.
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