Business
Black Market Dollar To Naira Exchange Rate Today 20 January 2025

Black Market Dollar To Naira Exchange Rate Today 20 January 2025 Can Be Accessed Below.
Newsrain Nigeria has obtained the official naira black market exchange rate in Nigeria today including the Black Market rates, Bureau De Change (BDC), and CBN rates.
Please note that the exchange rate is subject to hourly fluctuations influenced by the supply and demand of dollars in the market.
What’s the dollar to naira black market today 14 January 2025?
The local currency (abokiFx) opened at ₦1,680.00 per $1 at the parallel market otherwise known as the black market, today, Monday, 20 January 2025, in Lagos Nigeria, after it closed at ₦1,665.00 per $1 on Sunday, 19 January 2025.
Dollar to Naira (USD to NGN) | Black Market Exchange Rate Today |
Buying Rate of $1 | ₦1,665 |
Selling Rate of $1 | ₦1,680 |
Please note that Nigeria’s black market dollar-to-naira exchange rate is typically higher than the official exchange rate because the Federal Government does not regulate it. The rates you buy or sell forex may differ from what is captured in this article because prices vary.
Dollar to Naira (USD to NGN) | CBN Rate Today |
Buying Rate of $1 | ₦1,553 |
Selling Rate of $1 | ₦1,554 |
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.
