Dollar to Naira Exchange Rate Today, July 20, 2026 – Black Market (Aboki FX)
The parallel market, commonly referred to as the black market or Aboki FX, continues to be a key reference point for many individuals and businesses looking to trade foreign currency in Nigeria. Below are the latest rates as reported by Bureau De Change (BDC) operators in Lagos for July 20, 2026.
Today’s Black Market Rates
According to sources at the Lagos Parallel Market, dealers are selling one US dollar for ₦1,425 and buying it at ₦1,413. 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 for official foreign exchange transactions. The CBN advises anyone wishing to buy or sell dollars to use authorised banks or licensed Bureau De Change outlets that operate within the regulatory framework.
Readers are encouraged to share their thoughts on today’s rates and the impact of the black market on the naira’s value. Please keep comments respectful and in line with our discussion guidelines.
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