USD To Naira: Black Market Rate Hits All-Time High – What You Need To Know

USD To Naira: Black Market Rate Hits All-Time High – What You Need To Know

Curious about today’s Dollar to Naira exchange rate on the black market? Here’s the latest update for January 10, 2025. In Lagos, the parallel market (Black Market) exchange rate for the Dollar stands at N1645 for buying and N1655 for…USD To Naira: Black Market Rate Hits All-Time High – What You Need To Know

selling. These figures reflect fluctuations at Bureau De Change (BDC) locations across the city.

It’s important to note that the Central Bank of Nigeria (CBN) does not officially recognize the parallel market, encouraging individuals to engage in Forex through their respective banks.

Black Market Dollar to Naira Rate Today

• Buying Rate: N1645
• Selling Rate: N1655

CBN Dollar to Naira Rate Today

• Highest Rate: N1548
• Lowest Rate: N1538

Keep in mind that these rates may vary depending on location and transaction specifics.

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