Nigeria, Jan. 3 -- On January 3rd, 2025, the black market dollar to naira exchange rate is NGN1,662.57. This shows how the Nigerian naira has been appreciated in the AbokiFX since December 31, 2024, when it was selling at NGN 1,679.36.

AbokiFX exchange rate today

$1 NGN1,662.57 $10 NGN 16,6257 $20 NGN 33,252.4 $50 NGN 83,128.5 $100 NGN 166,257 $200 NGN 332,514

The price range between Naira-to-dollar official rate (bank rate) and black market (AbokiFX) dollar rates continues to rise. The rapid increase in the AbokiFX is influenced by some factors.

The black market exchange rate is almost always higher than the bank rate. As of today, January 3rd, 2025, the Naira-to-dollar black market rate is NGN1,662.57.

How much is Dollar to Naira o...