What is 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 15th January, below. You can swap your dollar for Naira at these rates.
How much is a dollar to naira today in the 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 N1655 and sell at N1660 on Wednesday 15th January 2025, 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 | N1655 |
| Selling Rate | N1660 |
Dollar to Naira CBN Rate Today
| Dollar to Naira (USD to NGN) | CBN Rate Today |
| Highest Rate | N1554 |
| Lowest Rate | N1546 |
Please note that the rates you buy or sell forex may be different from what is captured in this article because prices vary.
Nigeria’s inflation rate slightly increased in December 2024, rising to 34.8% from 34.6% in November. This increase was due to a surge in demand for goods and services during the festive period.
The National Bureau of Statistics (NBS) made this disclosure in its Consumer Price Index (CPI) report for December 2024.
According to the NBS, the Headline inflation rate for December 2024 was 34.80%, a marginal increase of 0.20% from the 34.60% recorded in November 2024.
The report attributes this increase to the seasonal rise in demand during the December festive period.
The NBS stated, “Looking at the movement, the December 2024 Headline inflation rate showed a marginal increase of 0.20% compared to the November 2024 Headline inflation rate. This was due to December festive period increases in demand for goods and services.”
Year-On-Year Inflation Shows Significant Increase
On a year-on-year basis, Nigeria’s Headline inflation rate for December 2024 was 5.87% higher than the rate recorded in December 2023, which stood at 28.92%.
This indicates a significant rise in inflation when comparing the end of 2024 to the same period in 2023.