Here is the current black market exchange rate for converting US Dollars to Nigerian Naira as of Tuesday, November 11, 2025. According to Bureau De Change (BDC) sources in Lagos, parallel market traders are selling dollars at ₦1465 and buying at ₦1443.
Forex traders and individuals should note that the Central Bank of Nigeria (CBN) does not endorse these parallel market rates. The banking regulator has consistently advised Nigerians to conduct foreign exchange transactions through authorized financial institutions.
While the black market provides immediate exchange services, the CBN maintains that official banking channels offer greater transparency and regulatory protection for currency conversions.
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