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Dollar To Naira Black Market Exchange Rate Today, 18 June 2025

Published 12 hours ago1 minute read

Collage Maker 21 Apr 2023 03 05 PM 8791

Looking for the ? As of , here’s the latest update on the exchange rate in Nigeria.

According to data gathered by and verified Bureau De Change (BDC) sources in Lagos, the opened at:

These figures reflect the demand-driven nature of the , which can fluctuate multiple times daily based on forex availability and economic sentiments.

The at the black market is and typically higher than the , due to limited forex supply from official channels.

If you’re checking the , here’s what the reported:

The and urges all forex transactions to go through authorized banks and licensed financial institutions.

The is unregulated and can vary based on location, dealer, and volume of transaction. It’s crucial to:

Engaging in currency exchange outside official channels carries some risk. Here are :

Several factors play a role in the rise or fall of the , including:

Market Buying Rate Selling Rate
Black Market (Aboki FX) ₦1,620 ₦1,625
CBN Official Rate ₦1,597 ₦1,598

The rates listed here are for informational purposes and may vary depending on the source or region. Always double-check rates before making any financial decisions.

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