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Dollar to Naira: Black Market Exchange Rate Today – May 20, 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 ₦1,450 and sell at ₦1,510 on May 20th, 2024.

Dollar To Naira Black Market Today

Dollar (USD) to Naira (NGN)Black Market /Aboki Exchange Rate Today
Buying Rate₦1,450.00
Selling Rate₦1,510.00

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
USDNairaNaira
1 US Dollar ($1) to Naira₦1,450.00₦1,510.00
5 US Dollars ($5) to Naira₦7,250.00₦7,550.00
10 US Dollars ($10) to Naira₦14,500.00₦15,100.00
20 US Dollars ($20) to Naira₦29,000.00₦30,200.00
50 US Dollars ($50) to Naira₦72,500.00₦75,500.00
100 US Dollars ($100) to Naira₦145,000.00₦151,000.00

This means that if you want to buy 1 US dollar in the black market today, you will need to pay 1,450.00 naira, and if you want to sell 1 US dollar, you will receive 1,510 naira.

dollar and other currencies

Pound to Naira rate

CurrencyBuying RateSelling Rate
Pound
1 Pound  to Naira₦1,900.00₦1,940.00

Euro to Naira rate

CurrencyBuying RateSelling Rate
Euro
1 Euro  to Naira₦1,600.00₦1,640.00

Canadian Dollar to Naira rate

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

Chinese Yuan to Naira

CurrencyBuying RateSelling Rate
CNY
1 CNY  to Naira₦125.00₦150.00

Australian Dollar (Aussie) to Naira Rate

CurrencyBuying RateSelling Rate
Aussie
1 Aussie  to Naira₦720.00₦825.00

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