🇺🇸 1 USD = ₦1,408🇬🇧 1 GBP = ₦1,880🇪🇺 1 EUR = ₦1,630🇨🇦 1 CAD = ₦1,000🇺🇸 1 USD = ₦1,408🇬🇧 1 GBP = ₦1,880🇪🇺 1 EUR = ₦1,630🇨🇦 1 CAD = ₦1,000
Updated 23 June 2026 · Abokifx

5000$ Dollars to Naira Black Market Rate 23 June 2026 | Convert 5000 Dollars To Naira

5000 USD → NGN · Lagos · Abuja · Kano · Port Harcourt
Sell (Aboki)
₦7,040,000 NGN
Buy (Aboki)
₦6,975,000
Spread: ₦65,000
CBN Official
₦6,852,300
+₦-187,700 premium (-2.7%)
Today’s rates — 23 June 2026
Sell Rate
₦7,040,000
↑ 3.91% today
Buy Rate
₦6,975,000
Spread: ₦65,000
CBN Rate
₦6,852,300
+-2.7% vs black mkt
Live rate
🇺🇸
5000 US Dollar (USD) (USD) → Nigerian Naira (NGN)
Open market · 23 June 2026
Sell price
7,040,000
Yesterday lower  ↑ 3.91%
Buy price
6,975,000
Spread ₦65,000  · 0.92%
🏦 CBN official rate: ₦6,852,300Black market premium: ₦-187,700 (-2.7%)
30-day chart
USD / NGN — parallel market sell rate
Highest (30d)
₦7,525,000
Lowest (30d)
₦6,775,000
Average (30d)
₦7,346,833
Historical data
USD / NGN — rate history
DateBuy (₦)Sell (₦)Change
26 Feb 2026₦6,850,000₦6,950,000+2.58%
19 Feb 2026₦6,700,000₦6,775,000-3.21%
16 Feb 2026₦6,890,000₦7,000,000-2.78%
12 Feb 2026₦7,100,000₦7,200,000-1.03%
06 Feb 2026₦7,225,000₦7,275,000+0.34%
04 Feb 2026₦7,150,000₦7,250,000-0.34%
02 Feb 2026₦7,175,000₦7,275,000-1.69%
29 Jan 2026₦7,325,000₦7,400,000-1.33%
20 Jan 2026₦7,425,000₦7,500,000+0.13%
19 Jan 2026₦7,400,000₦7,490,000+0.27%
15 Jan 2026₦7,400,000₦7,470,000-0.60%
12 Jan 2026₦7,440,000₦7,515,000-0.13%
10 Jan 2026₦7,450,000₦7,525,000+0.67%
06 Jan 2026₦7,400,000₦7,475,000+0.34%
↓ Download CSVUp to 90 days of data
Quick conversion table
USD to Naira conversion table
At sell rate ₦1,408 per USD
Amount
NGN
Amount
NGN
1 USD
₦1,408
2 USD
₦2,816
5 USD
₦7,040
10 USD
₦14,080
20 USD
₦28,160
50 USD
₦70,400
100 USD
₦140,800
200 USD
₦281,600
500 USD
₦704,000
1000 USD
₦1,408,000
2000 USD
₦2,816,000
5000 USD
₦7,040,000
About this rate

23 June 2026, the exchange rate for 5000 Dollars to Nigerian Naira is ₦7,040,000. Compared to yesterday, this represents a ↑ 3.91% in value.

If you're planning to buy 5000 Dollars at street value, the current rate would cost you approximately ₦7,040,000.

Do you have 5000 Dollars to sell? Here is the rate: ₦6,975,000 for Dollar.


Do you want to send 5000$ to someone in Nigeria or you want to buy 5000$ Dollars right now? We all know that without connections, you won’t be able to secure forex at the official exchange rate.

We have to adhere to CBN policies, and we are displaying CBN rates where necessary.

It’s better you look elsewhere; the best place to check is the black market where Dollars are available 24/7. This means that if you want to buy 5000 Dollars from the Black Market (Aboki), then you should spend at least as calculated above.

If you want to sell 5000 Dollars at the Black market (Aboki), then you will get or realize as calculated above.

The spread between the official market and the black market segment rates is really not that much.

You will notice that if you have 5000 dollars in Nigeria today, you are a rich man because this actually runs into millions if exchanged in the black market.

Our Dollar to Nigerian Naira Black Market conversion tool will help you to compare and track the changes at the black market, so you will be able to determine the currency rate with current travel money exchange rates available within the parallel exchange markets.

Related currencies
Related rate
US Dollar to Naira Black Market Rate [date] Today Abokifx
₦1,408sell
Related rate
Pound to Naira Black Market Rate [date] Abokifx
₦1,880sell
Related rate
Euro to Naira Black Market Rate [date]
₦1,630sell
Related rate
Canadian Dollar to Naira Black Market Rate [date]
₦1,000sell
How much is $N in naira today?
Written by
Frequently asked questions
How much is 1 USD to Naira today?
As of today, 1 US Dollar (USD) sells for ₦7,040,000 in the parallel (black) market.
What is the CBN rate vs black market rate?
The CBN official rate is ₦6,852,300. The black market sell rate is ₦7,040,000 — a spread of ₦187,700.
How much is 5000 USD to Naira today?
5000 USD at today's black market sell rate is ₦7,040,000. Rate: ₦7,040,000 per USD.
Why does the exchange rate keep changing?
The parallel market rate fluctuates daily based on supply and demand. Key drivers include oil revenue, CBN monetary policy, diaspora remittances, import demand, and BDC operator activity.
Is the black market rate different in Lagos vs Abuja?
Yes, rates can vary slightly by city. Lagos and Abuja (Wuse Zone 4) often show marginally different rates. We report an average across major Nigerian cities.
Rates sourced from CBN official data and open market aggregators · updated daily · for information purposes only