Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today

Naira Vs Dollar: What To Expect This Week (2nd - 6th June 2025) 
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Access up‑to‑date black market and CBN exchange rates for USD, GBP, EUR and more. Stay informed with accurate data that refreshes throughout the day.

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US Dollar

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Black Market

GBP to NGN

British Pound

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Black Market

EUR to NGN

Euro

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Black Market

Black Market Dollar (USD) To Naira Exchange Rate Today

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Black Market Dollar (USD) To Naira Exchange Rate Today

The exchange rate for the US dollar (USD) to Nigerian naira (NGN) in the parallel market, often referred to as the black market, reflects real‑world supply and demand. Our data is pulled from active Bureau De Change operators to ensure accuracy.

As of now, the black market buying rate for 1 USD is -- while the selling rate is --. These figures adjust throughout the day based on economic conditions, market speculation and government policies.

In contrast, the Central Bank of Nigeria (CBN) maintains an official exchange rate that is typically lower than parallel market rates. The official buy rate for 1 USD sits at --, with a sell rate of --.

Foreign Currency — Black Market Rates

Foreign CurrencyBuying Rate (₦)Selling Rate (₦)

CBN Exchange Rate Today

Foreign CurrencyBuying Rate (₦)Selling Rate (₦)

Cryptocurrency

At the time of updating, the following values reflect current conversions.

Bitcoin

--

per 1 BTC

1 NGN = -- BTC

Ethereum

--

per 1 ETH

1 NGN = -- ETH

Variations in Forex Rates

Foreign exchange rates in Nigeria vary between the parallel market, official CBN rates and those offered by commercial banks. The differences create arbitrage opportunities and can affect the cost of doing business or travelling abroad. Our platform continuously monitors these variations and updates the figures above automatically.

Common USD to Naira Conversions

50 Dollars to Naira Today – Black Market

100 Dollars to Naira Today – Black Market

500 Dollars to Naira Today – Black Market

1,000 Dollars to Naira Today – Black Market

Today's Exchange Rates

Compare black market and official CBN rates side by side

Black Market Rates

Parallel Market Exchange Rates

CurrencyBuying (₦)Selling (₦)
View All Black Market Rates

CBN Official Rates

Central Bank of Nigeria Rates

CurrencyBuying (₦)Selling (₦)
View All CBN Official Rates

Rate Disparity Notice

Differences between black market and CBN official rates highlight Nigeria's forex challenges. Rates fluctuate throughout the day based on economic conditions, market speculation and government policies.

CRYPTO TRADING

Cryptocurrency Exchange Rates

Track Bitcoin, Ethereum and other digital currencies in Nigerian Naira

Bitcoin

#1

--

per 1 BTC

1 NGN = -- BTC

View Details

Ethereum

#2

--

per 1 ETH

1 NGN = -- ETH

View Details

2+

Major Cryptocurrencies

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