Dollar to Naira Exchange Rate Today – July 31, 2026 (Black Market)
The parallel market, often referred to as the black market or Aboki FX, continues to set the unofficial dollar‑naira rate in Nigeria. According to Bureau De Change (BDC) sources in Lagos, on Thursday 30 July 2026 traders were selling one US dollar for ₦1,419 and buying it at ₦1,408.
- Sell rate: ₦1,419 per USD
- Buy rate: ₦1,408 per USD
These rates reflect the prevailing supply and demand dynamics in the informal foreign‑exchange market. While the Central Bank of Nigeria (CBN) does not recognise the parallel market and advises individuals to conduct forex transactions through licensed banks, many Nigerians still rely on these rates for everyday conversions.
For those looking to exchange currency, it is important to note that the CBN‑approved rates differ from the black‑market quotes. Always verify the latest figures before proceeding with any transaction.
