Dollar to Naira Rate Today
Live CBN official rate and parallel market (aboki) rate — side by side, updated daily. Convert USD, GBP, EUR and CAD instantly.
USD to Nigerian Naira — Common Amounts
Live rates for typical amounts. CBN official and parallel market.
| Amount (USD) | CBN Official (₦) | Parallel Market (₦) |
|---|---|---|
| $50 | ₦79,500 | ₦84,668 |
| $100 | ₦159,000 | ₦169,335 |
| $200 | ₦318,000 | ₦338,670 |
| $500 | ₦795,000 | ₦846,675 |
| $1000 | ₦1,590,000 | ₦1,693,350 |
| $2000 | ₦3,180,000 | ₦3,386,700 |
| $5000 | ₦7,950,000 | ₦8,466,750 |
Dollar to Naira Exchange Rate Today — CBN, Parallel Market & Black Market Guide
The dollar to naira exchange rate today exists in two versions: the official CBN rate set through the NAFEM window, and the parallel market rate — also called the aboki rate or black market rate — which is what Bureau De Change operators in Lagos and Abuja actually trade at.
What Is the Aboki Rate Today?
The aboki rate is the dollar to naira rate traded informally by BDC operators. It reflects real-world supply and demand when official banking channels fall short. It is typically 5–10% above the CBN official rate since the 2023 reforms.
Why There Are Two Rates
Nigeria's forex market has had a parallel rate for decades because official channels cannot always meet demand. Since the June 2023 CBN forex unification, the gap has narrowed from over 60% to 5–10%, but it persists because many Nigerians still cannot access the CBN rate through banks without extensive documentation.
What the 2023 Reform Means for the Diaspora
The naira fell sharply in 2023 and stabilised through 2025–2026 in the ₦1,350–₦1,430 range. For the diaspora, this means remittances convert to significantly more naira than before 2023. See our naira history page for the full picture.
How to Get the Best Rate
If you're sending money to Nigeria, your provider determines the rate you get. Lemfi and Wise give rates within 1% of CBN with minimal fees. Traditional bank wires apply 4–8% markups on top of $25–$45 in fees. Use our remittance calculator to compare exactly how much naira your family receives.
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Questions about the dollar to naira rate, aboki rate and black market