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Dollar to Naira: Black Market Exchange Rate Today – June 12, 2024

The exchange rate for a US Dollar to the Nigerian Naira (Dollar to Naira) at the Parallel Market also known as the Black Market, players buy a dollar for ₦1,482 and sell at ₦1,485 on June 12, 2024.

Dollar To Naira Black Market Today

Dollar (USD) to Naira (NGN)Black Market /Aboki Exchange Rate Today
Buying Rate1,482.00 
Selling Rate1,485.00

The black market is a segment of the foreign exchange market where currency trading occurs outside the official channels. The rates here can differ substantially from the official rates provided by the Central Bank of Nigeria (CBN).

How much is a dollar to naira today in the black market?

Aboki Black Market Rate Exchange Table Today

Here are the black market prices for various denominations. 

CurrencyBuying RateSelling Rate
1 US Dollar ($1) to Naira₦1,482.00₦1,485.00
5 US Dollars ($5) to Naira₦7,410.00₦7,425.00
10 US Dollars ($10) to Naira₦14,820.00₦14,850.00
20 US Dollars ($20) to Naira₦29,640.00₦29,700.00
50 US Dollars ($50) to Naira₦74,100.00₦74,250.00
100 US Dollars ($100) to Naira₦148,200.00₦148,500.00

This means that if you want to buy 1 US dollar in the black market today, you will need to pay 1,482.00 Naira, and if you want to sell 1 US dollar, you will receive 1,485.00 Naira.

Tips for Exchanging Dollars for Naira on the Black Market

  • Only exchange Dollars (USD) with reputable Beaure De Change.
  • You can ask for a written receipt for the exchange.
  • Know the current Dollars to Naira Black Market Exchange rate before you exchange your currency.
  • Don’t exchange large amounts of Dollars at once.

Pound to Naira rate

CurrencyBuying RateSelling Rate
1 Pound  to Naira₦1,865.00₦1,885.00

Euro to Naira rate

CurrencyBuying RateSelling Rate
1 Euro  to Naira₦1,560.00₦1,580.00

Canadian Dollar to Naira rate

CurrencyBuying RateSelling Rate
1 CAD  to Naira₦1,100.00₦1,200.00

Chinese Yuan to Naira

CurrencyBuying RateSelling Rate
1 CNY  to Naira₦125.00₦150.00

Australian Dollar (Aussie) to Naira Rate

CurrencyBuying RateSelling Rate
1 Aussie  to Naira₦720.00₦825.00


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