According to Morningstar, one United States Dollar equals 414.00 Nigerian Naira. From the table above, you can see that the dollar to naira black market rate is N570.Īs of today, the exchange rate dollar to naira black market is different from the bank rate which is N414/$. If you have a dollar to change with Aboki, make sure you confirm the dollar to naira bank rate today so that you will not be cheated. What is aboki exchange rate in Nigeria today? The exchange rate of Dollar to Naira Today is minimal. Black market money exchangers are local BDC street retailers found in almost all states in Nigeria. It’s also called dollar to naira rate in the parallel market or dollar to naira Aboki rate. This is the dollar to naira exchange rate in the streets. On the other hand, if you want to exchange naira to the dollar (buy), the amount could also be high. That is, if you have dollars that you want to exchange dollars for naira (sell), the amount is determined by the person who have the dollar to exchange for you. You will know the official back market rate in the streets. The dollar to naira black market rate is higher than the official CBN rate. How much is naira to dollar in black market today? Many of the dealers said they have struggled to trade after, a website that collates parallel market rates in Lagos, stopped publishing parallel market rates on Friday, after the Central Bank of Nigeria threatened its owner. Of course, you know that the exchange rate in banks is different from the exchange rate in the parallel market. Dollar to naira exchange bank rate is far lower than the dollar to naira aboki rate. We compare the Dollar to Naira bank rate vs aboki rate. See the current dollar to Naira exchange rate as of today. How much is Dollar to Naira Today? If you have dollars now in Nigeria, you are a rich man in Nigeria. This is the Dollar to Naira exchange rate as of yesterday and the past 3 days. Please note that the Central Bank of Nigeria (CBN) does not recognise the parallel market (black market), as it has directed individuals who want to engage in Forex to approach their respective banks.Īt the official market, the currency dropped to N414.40 at the official side of the market, losing 0.02 percent.