The latest figures for the Dollar to Naira exchange rate in Nigeria’s parallel market, commonly referred to as the black market or Aboki FX, show continued fluctuations in forex trading activity.
As of Friday, June 12, 2026, sources from Bureau De Change (BDC) operators in Lagos indicate that the dollar was sold at ₦1,409 and bought at ₦1,396 in the parallel market.
In the official market regulated by the Central Bank of Nigeria (CBN), the exchange rate for the dollar traded within a lower range, with a highest rate of ₦1,365 and a lowest rate of ₦1,362.
The CBN has consistently reiterated that it does not recognize transactions conducted in the parallel market, advising individuals and businesses seeking foreign exchange to carry out their dealings through authorized financial institutions.
Black Market Dollar to Naira Rate
- Selling Rate: ₦1,409
- Buying Rate: ₦1,396
CBN Official Rate
- Highest Rate: ₦1,365
- Lowest Rate: ₦1,362
It is important to note that exchange rates may vary depending on location, demand, and dealer margins, meaning actual buying and selling prices may differ from those reported.
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