| Date | Buy (₦) | Sell (₦) | Change |
|---|---|---|---|
| 26 Feb 2026 | ₦1,370 | ₦1,390 | +2.58% |
| 19 Feb 2026 | ₦1,340 | ₦1,355 | -3.21% |
| 16 Feb 2026 | ₦1,378 | ₦1,400 | -2.78% |
| 12 Feb 2026 | ₦1,420 | ₦1,440 | -1.03% |
| 06 Feb 2026 | ₦1,445 | ₦1,455 | +0.34% |
| 04 Feb 2026 | ₦1,430 | ₦1,450 | -0.34% |
| 02 Feb 2026 | ₦1,435 | ₦1,455 | -1.69% |
| 29 Jan 2026 | ₦1,465 | ₦1,480 | -1.33% |
| 20 Jan 2026 | ₦1,485 | ₦1,500 | +0.13% |
| 19 Jan 2026 | ₦1,480 | ₦1,498 | +0.27% |
| 15 Jan 2026 | ₦1,480 | ₦1,494 | -0.60% |
| 12 Jan 2026 | ₦1,488 | ₦1,503 | -0.13% |
| 10 Jan 2026 | ₦1,490 | ₦1,505 | +0.67% |
| 06 Jan 2026 | ₦1,480 | ₦1,495 | +0.34% |
Curious what is the exchange rate of dollar to naira? We have reported that it sells for around ₦1,408 today. So, you might ask how much is dollar to naira today in black market in Lagos? Expect to buy dollar from aboki or street seller for just ₦1,408. Note that Dollar to naira exchange rate varies by location, so it is best you check and compare who has the best rate.
| Qty | Sell Total (₦) |
|---|---|
| 1 | ₦1,408 |
| 2 | ₦2,816 |
| 3 | ₦4,224 |
| 4 | ₦5,632 |
| 5 | ₦7,040 |
| 6 | ₦8,448 |
| 7 | ₦9,856 |
| 8 | ₦11,264 |
| 9 | ₦12,672 |
| 10 | ₦14,080 |
| 11 | ₦15,488 |
| 12 | ₦16,896 |
| 13 | ₦18,304 |
| 14 | ₦19,712 |
| 15 | ₦21,120 |
| 16 | ₦22,528 |
| 17 | ₦23,936 |
| 18 | ₦25,344 |
| 19 | ₦26,752 |
| 20 | ₦28,160 |
| 21 | ₦29,568 |
| 22 | ₦30,976 |
| 23 | ₦32,384 |
| 24 | ₦33,792 |
| 25 | ₦35,200 |
| 26 | ₦36,608 |
| 27 | ₦38,016 |
| 28 | ₦39,424 |
| 29 | ₦40,832 |
| 30 | ₦42,240 |
| 31 | ₦43,648 |
| 32 | ₦45,056 |
| 33 | ₦46,464 |
| 34 | ₦47,872 |
| 35 | ₦49,280 |
| 36 | ₦50,688 |
| 37 | ₦52,096 |
| 38 | ₦53,504 |
| 39 | ₦54,912 |
| 40 | ₦56,320 |
| 41 | ₦57,728 |
| 42 | ₦59,136 |
| 43 | ₦60,544 |
| 44 | ₦61,952 |
| 45 | ₦63,360 |
| 46 | ₦64,768 |
| 47 | ₦66,176 |
| 48 | ₦67,584 |
| 49 | ₦68,992 |
| 50 | ₦70,400 |
| 51 | ₦71,808 |
| 52 | ₦73,216 |
| 53 | ₦74,624 |
| 54 | ₦76,032 |
| 55 | ₦77,440 |
| 56 | ₦78,848 |
| 57 | ₦80,256 |
| 58 | ₦81,664 |
| 59 | ₦83,072 |
| 60 | ₦84,480 |
| 61 | ₦85,888 |
| 62 | ₦87,296 |
| 63 | ₦88,704 |
| 64 | ₦90,112 |
| 65 | ₦91,520 |
| 66 | ₦92,928 |
| 67 | ₦94,336 |
| 68 | ₦95,744 |
| 69 | ₦97,152 |
| 70 | ₦98,560 |
| 71 | ₦99,968 |
| 72 | ₦101,376 |
| 73 | ₦102,784 |
| 74 | ₦104,192 |
| 75 | ₦105,600 |
| 76 | ₦107,008 |
| 77 | ₦108,416 |
| 78 | ₦109,824 |
| 79 | ₦111,232 |
| 80 | ₦112,640 |
| 81 | ₦114,048 |
| 82 | ₦115,456 |
| 83 | ₦116,864 |
| 84 | ₦118,272 |
| 85 | ₦119,680 |
| 86 | ₦121,088 |
| 87 | ₦122,496 |
| 88 | ₦123,904 |
| 89 | ₦125,312 |
| 90 | ₦126,720 |
| 91 | ₦128,128 |
| 92 | ₦129,536 |
| 93 | ₦130,944 |
| 94 | ₦132,352 |
| 95 | ₦133,760 |
| 96 | ₦135,168 |
| 97 | ₦136,576 |
| 98 | ₦137,984 |
| 99 | ₦139,392 |
| 100 | ₦140,800 |
What is the black market exchange rate of dollar to naira
Checking the exchange rate today, the currency pair (dollar to Naira) stands at approximately ₦1,408 per USD, as reported by nairatoday, reflecting typical parallel market rates that are bound to fluctuate on daily basis.How much can I buy dollar to naira in the black market today
In Nigeria’s black market, the USD to Naira abokifx rate averaged around ₦1,408, this means dealers are willing to trade at this price.How much can I sell dollar to naira in the black market today
In Nigeria’s black market, the USD to Naira abokifx rate averaged around ₦1,395, this means dealers will only buy dollars at this price.Dollar to Naira: Understanding the Exchange Dynamics
The exchange rate between the US dollar (USD) and the Nigerian naira (NGN) which rate we have given above; is a topic of high constant interest for people who are Nigerian and businesses and policymakers in Nigeria. This rate of dollars to naira exchange rate influences not only the cost of imported goods but also the cost of travel, international education, and even local prices of certain commodities.For many Nigerians both home and abroad, keeping a keen eye on the black market dollar to naira exchange rate is not only essential for making informed financial decisions but also essential to remain informed on how to trade.
Latest Dollar to Naira Updates
1 to 100 Dollar to Naira Rate Table
We bring you the latest USD/NGN (Dollar to Naira) black market rates in Lagos and across Nigeria. Our team monitors and updates the Dollar to Naira rate to give you the most accurate, real-time figures.
The United States Dollar has maintained a steady rise against the Naira in recent months on the parallel market. The trend suggests further pressure on the Naira.
Remember: the currency symbol for the Dollar (US Dollar) is $. All figures here are for information purposes only.
Brief History: Dollar to Naira Exchange Rate
The Dollar to Naira exchange rate has fluctuated dramatically since 1986, reflecting Nigeria's economic and political history.
- In the 1970s, 1 USD was worth about 90 kobo. By 1993, after significant devaluation, it was 11 naira for $1.
- Under President Sani Abacha (1993–1998), the official rate was 22 naira, but the black market was already around 88 naira to $1.
- Post-military rule, the 2000s saw more devaluation: by 2004, 85 naira official, and 105 naira black market per $1.
- The 2004–2009 oil boom strengthened foreign reserves, but multiple exchange rates coexisted: CBN, Interbank, BDC, and wire rates. By 2009, 127–147 naira/$1.
- Between 2010 and 2014, exchange rates stabilized, but pressure resumed with oil price drops and policy shifts. By 2014: 148–164 naira per $1.
- Since then, black market rates have climbed due to policy restrictions, oil price crashes, and high demand for USD.
Quick Facts About the Dollar
- The first US Dollar appeared in 1794. By the Coinage Act, 1 dollar = 100 cents.
- There are about $1.54 trillion in USD in circulation worldwide; 97% are Federal Reserve notes.
- Over 38 million notes are printed daily, worth $541 million.
- Most used notes: $1, $5, $10—often replaced due to wear.
- Coins are made from zinc and copper (not gold/silver), and last up to 25 years. The first coin was minted in 1792.
- It’s estimated Americans throw away over $62 million in coins each year.
Should There Be A Black Market?
The black market has existed for decades, helping ordinary Nigerians access USD when official channels are limited. Proper regulation, economic diversification, and strong security are key for long-term currency stability.
FAQs
- How much is 1 Dollar to Naira? About 1,408 per USD.
- How much is 100, 500, or 1000 Dollars in Naira? Use the calculator above to convert instantly.
How much can I sell dollar to naira today in black market in Lagos
Are you in Lagos specifically and want to find out what the exchange rate is right now? Well the black market dealers in Lagos are trading dollars at roughly 1,408.
Aboki dollar to Naira today black market
The aboki dollar to naira black market rate is 1,408.
How much is dollar to Naira today
The Dollar to Naira Black Market Rate Today has been calculated to be 1,408. Currently the pair currency is trading at 1,408.
100 dollars to Naira black market today
100 dollars to naira today is trading at ₦140,800.
How much is $1 dollar in naira abokifx black market?
$1 dollar to naira black market exchange rate today is ₦1,408.
How much is 50 dollars to naira today in the black market?
50 Dollars to Naira Black Market Rate Today is ₦70,400.
400 Dollars to naira black market
400 Dollars to Naira Black Market Rate Today is ₦563,200.
500 Dollars to naira black market
500 Dollars to Naira Black Market Rate Today is ₦704,000.
1000 Dollars to naira black market
1000 Dollars to Naira Black Market Rate Today is ₦1,408,000.
200 Dollars to Naira black market
200 Dollars to Naira Black Market Rate Today is ₦281,600.
3000 Dollars to Naira black market
3000 Dollars to Naira Black Market Rate Today is ₦4,224,000.
How much is dollar to naira today in black market in Lagos
Dollar to Naira Black Market Rate Today in Lagos is 1,408. This means aboki are selling dollar at this price in Lagos today.