The current black market exchange rate for 1 US Dollar (USD) to Nigerian Naira (NGN) is approximately ₦1,620 to ₦1,625 according to Aboki Forex, a widely referenced source for black market rates
. Other sources report similar rates around ₦1,617 to ₦1,630 as of May 2025
. In summary:
- Buy rate: about ₦1,620 per USD
- Sell rate: about ₦1,625 per USD
These rates fluctuate slightly depending on the source and local market conditions but generally hover around this range in the black market today
