If you are completely informed of the current Dollar to NGN black market exchange rate, you will have a better chance to plan and make informed decisions. The table below displays the current USD/Naira exchange rate.
When we compared local dealers’ data on currency in Lagos and Abuja, we found that the dollar to naira exchange rate was 768, which implies you can buy dollars at that price and sell them at that price.
Additionally, the Euro/Naira, the second-most traded currency, sold for 795 and 775 correspondingly on the underground market. It is interesting to note that while the current Pound To Naira Exchange Pricing is 922, the black market price to sell a pound is 890.
One USD is worth 768 Naira on Tuesday, November 30th, 2022 on the black market in Lagos. On Monday, November 28, 2022, the Black Market opens with USD trading at N772. As a result, the US Dollar’s weekly gain/loss against the Naira has decreased by -0.04%.
Looking at this month specifically, the USD was trading at $812 on November 1st, 2022. With the USD currently trading at $768, the USD/Naira exchange rate has fallen by -0.60% for the month as of this moment.
Dollar to Naira Black Market Rate Today
| Dollar to Naira (USD to NGN) | Black Market Exchange Rate Today |
| Selling Rate | ₦768 |
| Buying Rate | ₦755 |
| Dollar to Naira (USD to NGN) | CBN Official Exchange Rate Today |
| Selling Rate | ₦443.26 |
| Buying Rate | ₦443.26 |
Euro to Naira Black Market
Here is the current black market exchange rate between the Euro and the Naira, used by Aboki and Bureau De Change in Abuja, Kano, and Lagos (BDC). There can be a slight difference at other parallel (unofficial) markets.
| Euro to Naira (EUR to NGN) | Exchange Rate Today |
| Buying Rate | 795 |
| Selling Rate | 775 |
Pounds to Naira Black Market
Here is the currency rate that is currently being utilized by Aboki/Bureau De Change (BDC) in Abuja, Kano, and Lagos to purchase and trade Great British Pounds (Pounds). There can be a slight difference at other parallel (unofficial) markets.
| Pounds to Naira (GBP to NGN) | Exchange Rate Today |
| Buying Rate | 922 |
| Selling Rate | 890 |
You must understand that the Naira is under pressure, which continuously maintains an unstable environment on the FX market. We are trying our best to watch the daily Dollar to Naira exchange rate, but it is hard to predict how the market will behave.
The center of bureau de change operators in Abuja noted that the dollar was now being given for N755, as opposed to the N768 it had been earlier, according to a reporter who visited the always busy Wuse Zone 4. In Lagos and Kano, the cost of a dollar was 755 Naira.