What is the current exchange rate for one dollar to naira in the black market?

4 answers

• CaptainDJul 04, 2025 · 20 days ago
  The current exchange rate for one US dollar to Nigerian naira in the black market is approximately 480 naira. Please note that the black market rates are unofficial and can vary depending on various factors such as supply and demand. It is always recommended to check with local sources or authorized exchange platforms for the most accurate and up-to-date rates.
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• MatiusJSMay 31, 2025 · 2 months ago
  As of today, the exchange rate for one US dollar to Nigerian naira in the black market is around 480 naira. However, it's important to keep in mind that the black market rates are not regulated and can fluctuate frequently. It's advisable to consult multiple sources and consider other factors before making any currency exchange decisions.
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• Addy SteveMar 07, 2021 · 4 years ago
  The current exchange rate for one US dollar to Nigerian naira in the black market is approximately 480 naira. Please be cautious when dealing with the black market as it is an unofficial and unregulated market. It's always recommended to use authorized exchange platforms or banks for currency conversions to ensure transparency and security.
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• Mohamad Ali RasouloAug 08, 2023 · 2 years ago
  The exchange rate for converting one US dollar to Nigerian naira in the black market is currently around 480 naira. However, it's important to note that the black market rates can be volatile and may differ from official rates. It's advisable to consider other factors such as fees, convenience, and security when deciding where to exchange your currency.
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