Dollar to Naira Black Market Exchange Rate – June 23, 2026
The black market, also referred to as the parallel market or Aboki FX, continues to set its own Dollar to Naira rates outside the official banking system. Below are the rates quoted by dealers in Lagos on Monday, 22nd June 2026.
According to Bureau De Change (BDC) sources, traders were selling one US dollar for ₦1,400 and buying it back at ₦1,390. These figures reflect the prevailing supply and demand dynamics in the informal foreign exchange segment.
The Central Bank of Nigeria (CBN) does not recognise the parallel market and advises individuals seeking foreign exchange to conduct transactions through their commercial banks. The CBN’s stance remains unchanged despite the persistent gap between official and market rates.
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