The exchange rate between the Naira and the US dollar, according to the data released on the FMDQ Security Exchange, the official forex trading portal, showed that the naira closed at 1363.86 per $1 on Monday, February 9th, 2026. The naira traded as high as 1363.84 to the dollar at the investors and exporters (I&E) window on Sunday. This is brought to you by Bizwatch Nigeria.
How much is a dollar to naira today in the black market?
Dollar to naira exchange rate today black market (Aboki dollar rate)
In the parallel market, also referred to as the black market, the US dollar traded within a range of ₦1,440 to ₦1,455 per $1 on Monday, February 9, 2026, based on checks from Bureau De Change (BDC) operators and informal FX dealers across major Nigerian cities.
Source: https://ngn.currencyrate.today/
The Central Bank of Nigeria (CBN) does not recognise the parallel market and continues to advise individuals and businesses seeking foreign exchange to transact through authorised banks and official market channels.
Dollar to Naira Black Market Rate Today
| Dollar to Naira (USD to NGN) | Black Market Exchange Rate Today |
|---|---|
| Selling Rate | ₦1,455 |
| Buying Rate | ₦1,440 |
Dollar to Naira CBN / NFEM Rate Today
| Dollar to Naira (USD to NGN) | Official Exchange Rate Today |
|---|---|
| Opening Rate | ₦1,363.86 |
| Current Rate | ₦1,363.84 |
Important Note
- The official exchange rate is sourced from the Nigerian Foreign Exchange Market (NFEM) and published by the Central Bank of Nigeria (CBN) via its official exchange rate platform.
- The black market rate reflects prevailing prices quoted by Bureau De Change operators and informal FX dealers across Lagos, Abuja, Port Harcourt, and other major cities.
- Actual buy or sell rates may vary slightly depending on location, transaction size, and dealer margins.
For daily updates on the naira, forex markets, and the Nigerian economy, stay with BizWatch Nigeria.
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