The Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)? See the black market Dollar to Naira exchange rate for 9th January, below. You can swap your dollar for Naira at these rates.
The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N730 and sell at N740 on Monday 9th January 2023, according to sources at 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 (USD to NGN) | Black Market Exchange Rate Today |
| Buying Rate | N730 |
| Selling Rate | N740 |
The Central Bank of Nigeria (CBN) has clarified that it did not ban Deposit Money Banks (DMBs) from paying customers the new notes over the counter.
Naija News reports that the CBN in a memo had directed the banks to load their Automated Teller Machines (ATMs) with only new notes to ensure that the currency circulates across the nation ahead of the January 31 deadline.
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