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What is the current exchange rate for dollars and nairas on the black market, commonly referred to as the parallel market (Aboki fx)? Below is a chart showing the black market dollar to naira conversion rate for August 31. At these prices, you can exchange your dollars into naira.
How much does one dollar currently exchange for in the black market?
Current black market exchange rate from the dollar to the naira (Aboki dollar rate):
On Thursday, August 31, 2023, players at the Lagos Parallel Market (Black Market) would buy a dollar for N917 and sell it for N923, according to sources at the Bureau De Change (BDC).
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.
Dollar to Naira Black Market Rate Today
Dollar to Naira (USD to NGN) Black Market Exchange Rate Today
Buying Rate N917
Selling Rate N923
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