Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 11th July 2025

What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)?

See the black market Dollar to Naira exchange rate for 11th July, below. You can swap your dollar for Naira at these rates.

How much is a dollar to naira today in the black market?

Dollar to naira exchange rate today black market (Aboki dollar rate):

The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for ₦1540 and sell at ₦1555 on Friday, 11th July, 2025, according to sources at Bureau De Change (BDC).

Please note that the Central Bank of Nigeria (CBN) does not recognize the parallel market (black market), as it has directed individuals who want to engage in Forex to approach their respective banks.

Dollar to Naira Black Market Rate Today

Dollar to Naira CBN Rate Today

Please note that the rates you buy or sell forex may be different from what is captured in this article because prices vary.

Meanwhile, Bitcoin surged to a fresh all-time high of $112,000 late Wednesday, fuelled by mounting institutional interest and a growing appetite for risk as traditional finance deepens its embrace of cryptocurrencies.

The original digital currency jumped by as much as 3.1%, briefly hitting $112,009 before settling at $111,259 later in the day. This latest rally pushes Bitcoin’s gains this year to nearly 20%, as the crypto market shrugs off macroeconomic headwinds and global geopolitical uncertainties.

Market analysts point to a wave of institutional adoption and renewed inflows from hedge funds, asset managers, and even pension funds as key drivers behind the surge.

“The sustained push by traditional financial institutions into Bitcoin is no longer a trend—it’s a movement,” said a Lagos-based crypto analyst. “It signals growing confidence in the asset’s long-term value.”