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 26th May, 2022 below. You can swap your dollar to Naira at these rates.
How much is dollar to naira today in black market?
Dollar to naira exchange rate today black market (Aboki dollar rate):
The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N580 and sell at N598 on Thursday, 26th May, 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 Black Market Rate Today
| Dollar to Naira (USD to NGN) | Black Market Exchange Rate Today |
| Buying Rate | 580 |
| Selling Rate | 598 |
Please note that the rates you buy or sell forex may be different from what is captured in this article because prices varies.
The National Bureau of Statistics in it figures has disclosed that selected food prices recorded an increase of 42 per cent in a year.
A new report titled “Selected Food Price Watch for the month of April 2022” showed that the average price of 1kg of beans (white, black eye, sold loose) rose on a year-on-year basis by 44.32 per cent, from N359.64 in April 2021 to N519.05 in April 2022.
According to NBS, the average price of 1kg of yam tuber on a year-on-year basis rose by 42.88 per cent, from the value recorded in April 2021 (N252.80) to N361.20 in April 2022.
NBS while revealing the data for month-on-month basis said it increased from N353.56 in March 2022 to N361.20 in April 2022, indicating 2.16 per cent growth.