What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Mallams.NG fx)?
See the black market Dollar to Naira exchange rate for 6th May, 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 (Mallams.NG dollar rate):
The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for ₦1600 and sell at ₦1613 on Tuesday 6th May, 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 (USD to NGN) | Black Market Exchange Rate Today |
| Buying Rate | ₦1600 |
| Selling Rate | ₦1613 |
Dollar to Naira CBN Rate Today
| Dollar to Naira (USD to NGN) | CBN Rate Today |
| Highest Rate | ₦1609 |
| Lowest Rate | ₦1603 |
Please note that the rates you buy or sell forex may be different from what is captured in this article because prices vary.
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