Here is the current US dollar to Nigerian naira exchange rate in the parallel market (black market) as of November 18, 2025. Currency traders in Lagos are selling dollars at ₦1463 and buying at ₦1450, according to Bureau De Change (BDC) sources.
The Central Bank of Nigeria (CBN) emphasizes that it does not recognize the parallel market for foreign exchange transactions. The apex bank directs individuals to conduct all forex operations through official banking channels.
These unofficial exchange rates reflect market conditions as of the latest update. Forex traders should note that black market rates fluctuate throughout the day based on supply and demand dynamics.
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