Dollar to Naira Exchange Rate Today 21st May 2025
The exchange rate for a US Dollar to the Nigerian Naira, also known as the Dollar to Naira rate at the Parallel Market, also referred to as the Black Market, is as follows: On May 21st, 2025, the rate was ₦ 1,625 to buy a dollar and ₦ 1,630 to sell a dollar.
Dollar To Naira Black Market Rate Today
| Dollar (USD) to Naira (NGN) | Black Market /Aboki Exchange Rate Today |
| Buying Rate | ₦1,625.00 |
| Selling Rate | ₦1,630.00 |
Dollar to Naira CBN Official Rate Today
| Dollar (USD) to Naira (NGN) | Black Market /Aboki Exchange Rate Today |
| Highest Rate | ₦1,601.00 |
| Lowest Rate | ₦1,580.00 |
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?
Please note that the Central Bank of Nigeria (CBN) does not recognize the parallel market (black market), as it has directed individuals who want to engage in Forex to approach their respective banks.
Publisher,
Lagos Post Online,
Lagos Post is an online publication that seeks to provide fair, unbiased, credible, balanced and useful information about Corporate Organisations, Governments and the General Public by breaking news in Business, Politics, Arts, Entertainment, Culture, and Sports in Nigeria, Africa and the World. As a global news portal, we continually stand for responsible journalism and sound media practice.
Mobile: +238025837037
Email: lagospostng@gmail.com
