Published
4 months agoon
The table below shows the black market rate for those who want to sell and buy dollars with BDC operators or Abokis.
Dollar To Naira | Black Market Rate Today |
Buying Rate | ₦1265 |
Selling Rate | ₦1275 |
The table below outlines the black market prices for common denominations. Since the selling rate is ₦1275, we multiply it by the denomination in dollars. For example to convert $5, we multiply it by ₦1275
Denomination in Dollar($) | Black Market Exchange Rate Today in Naira |
5 | ₦6,375 |
10 | ₦12,750 |
20 | ₦25,500 |
50 | ₦63,750 |
100 | ₦127,500 |
150 | ₦191,250 |
200 | ₦255,000 |
300 | ₦382,500 |
350 | ₦446,250 |
400 | ₦510,000 |
500 | ₦637,500 |
800 | ₦1,020,000 |
1000 | ₦1,275,000 |
As of today, January 16, 2023, the Central Bank of Nigeria sells at ₦865 and buys at ₦864. This price can be obtained from the publication here www.cbn.gov.ng/rates/ExchRateByCurrency.asp.
CBN Selling Rate | ₦865 |
CBN Buying Rate | ₦864 |
The Canadian Dollars selling rate is ₦975 while the buying rate is ₦940. Canadian dollars are not listed on the official currency page of the Central Bank of Nigeria. This price has been constant for the past few weeks compared to the other currencies.
Lagos and Abuja are known to have one of the best black market rates in the country because of its strategic location. The rate in Lagos is ₦1275. There are different exchangers in Lagos and this price might differ with the one called for you.
100$ is equivalent to ₦127,500.
1000$ is equivalent to ₦1,275,000.
5000$ is equivalent to ₦6,375,000.
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