Greenback To Naira Black Market Change Fee In the present day, 26 June 2025

Greenback To Naira Black Market Change Fee In the present day, 26 June 2025 will be accessed beneath.

Searching for the greenback to naira black market price at this time? As of Thursday, 26 June 2025, right here’s the newest replace on the parallel market (also referred to as Aboki FX) change price in Nigeria.

In response to information gathered by PoliticalNews Nigeria and verified Bureau De Change (BDC) sources in Lagos, the black market opened at:

• Shopping for Fee: ₦1,620 per $1

• Promoting Fee: ₦1,625 per $1

These figures mirror the demand-driven nature of the naira to greenback change price on the black market, which might fluctuate a number of occasions day by day primarily based on foreign exchange availability and {economic} sentiments.

Key Level:

The greenback to naira change price on the black market is unofficial and sometimes increased than the Central {Bank} of Nigeria (CBN) price, because of restricted foreign exchange provide from official channels.

Official CBN Greenback to Naira Change Fee In the present day – 26 June 2025

In the event you’re checking the official change price for USD to NGN, right here’s what the Central {Bank} of Nigeria (CBN) reported:

• Shopping for Fee: ₦1,597 per $1

• Promoting Fee: ₦1,598 per $1

The CBN discourages participation within the black market and urges all foreign exchange transactions to undergo licensed banks and licensed {financial} establishments.

Essential Observe About Black Market Charges

The black market (Aboki FX) price is unregulated and might range primarily based on location, vendor, and quantity of transaction. It’s essential to:

• Keep up to date with real-time change charges

• Affirm the speed along with your native vendor earlier than transacting

• Train warning to keep away from scams

Easy methods to Discover a Trusted Greenback to Naira Black Market Supplier

Participating in forex change outdoors official channels carries some threat. Listed below are suggestions for safely exchanging {dollars} on the black market:

1. Use respected sellers with a recognized observe file.

2. All the time ask for a written receipt throughout the change.

3. Know the present market price to keep away from being underpaid.

4. Keep away from exchanging giant sums in a single transaction except you’re sure of the vendor’s credibility.

What Influences the Greenback to Naira Fee on the Black Market?

A number of components play a task within the rise or fall of the USD to NGN black market price, together with:

• Provide and demand for overseas forex

• {Economic} and political stability in Nigeria and the U.S.

• International oil costs, which affect Nigeria’s foreign exchange earnings

• Hypothesis and market sentiment

Greenback to Naira Change Fee – 26 June 2025

The charges listed below are for informational functions and should range relying on the supply or area. All the time double-check charges earlier than making any {financial} selections.