US Dollar to Naira Black Market Rate 5 July 2026 Today Abokifx

5 July 2026, Are you just wondering how much is dollar to naira in the black market today? Well In Lagos, Abuja and Kano today, the black market exchange rate is currently selling for ₦1,400 this represent ↑ 3.32% from yesterday, This means that aboki traders are currently quoting roughly ₦1,400 for a dollar. Meanwhile, they are willing to buy for ₦1,385. This means that dollar is currently buying for ₦1,385 per USD.

Curious what is the exchange rate of dollar to naira? We have reported that it sells for around ₦1,400 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 ₦1,400. 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	₦1,400
2	₦2,800
3	₦4,200
4	₦5,600
5	₦7,000
6	₦8,400
7	₦9,800
8	₦11,200
9	₦12,600
10	₦14,000
11	₦15,400
12	₦16,800
13	₦18,200
14	₦19,600
15	₦21,000
16	₦22,400
17	₦23,800
18	₦25,200
19	₦26,600
20	₦28,000
21	₦29,400
22	₦30,800
23	₦32,200
24	₦33,600
25	₦35,000
26	₦36,400
27	₦37,800
28	₦39,200
29	₦40,600
30	₦42,000
31	₦43,400
32	₦44,800
33	₦46,200
34	₦47,600
35	₦49,000
36	₦50,400
37	₦51,800
38	₦53,200
39	₦54,600
40	₦56,000
41	₦57,400
42	₦58,800
43	₦60,200
44	₦61,600
45	₦63,000
46	₦64,400
47	₦65,800
48	₦67,200
49	₦68,600
50	₦70,000
51	₦71,400
52	₦72,800
53	₦74,200
54	₦75,600
55	₦77,000
56	₦78,400
57	₦79,800
58	₦81,200
59	₦82,600
60	₦84,000
61	₦85,400
62	₦86,800
63	₦88,200
64	₦89,600
65	₦91,000
66	₦92,400
67	₦93,800
68	₦95,200
69	₦96,600
70	₦98,000
71	₦99,400
72	₦100,800
73	₦102,200
74	₦103,600
75	₦105,000
76	₦106,400
77	₦107,800
78	₦109,200
79	₦110,600
80	₦112,000
81	₦113,400
82	₦114,800
83	₦116,200
84	₦117,600
85	₦119,000
86	₦120,400
87	₦121,800
88	₦123,200
89	₦124,600
90	₦126,000
91	₦127,400
92	₦128,800
93	₦130,200
94	₦131,600
95	₦133,000
96	₦134,400
97	₦135,800
98	₦137,200
99	₦138,600
100	₦140,000

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 ₦1,400 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 ₦1,400, 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 ₦1,385, 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 1,400 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 1,400.

Aboki dollar to Naira today black market

The aboki dollar to naira black market rate is 1,400.

How much is dollar to Naira today

The Dollar to Naira Black Market Rate Today has been calculated to be 1,400. Currently the pair currency is trading at 1,400.

100 dollars to Naira black market today

100 dollars to naira today is trading at ₦140,000.

How much is $1 dollar in naira abokifx black market?

$1 dollar to naira black market exchange rate today is ₦1,400.

How much is 50 dollars to naira today in the black market?

50 Dollars to Naira Black Market Rate Today is ₦70,000.

400 Dollars to naira black market

400 Dollars to Naira Black Market Rate Today is ₦560,000.

500 Dollars to naira black market

500 Dollars to Naira Black Market Rate Today is ₦700,000.

1000 Dollars to naira black market

1000 Dollars to Naira Black Market Rate Today is ₦1,400,000.

200 Dollars to Naira black market

200 Dollars to Naira Black Market Rate Today is ₦280,000.

3000 Dollars to Naira black market

3000 Dollars to Naira Black Market Rate Today is ₦4,200,000.

How much is dollar to naira today in black market in Lagos

Dollar to Naira Black Market Rate Today in Lagos is 1,400. This means aboki are selling dollar at this price in Lagos today.