Aboki Naira to Dollar Black Market Exchange Rate Today, 25th August 2025

In the latest update on Nigeria’s parallel forex market, the Aboki black market exchange rate for the Nigerian Naira against the US Dollar remained relatively stable today, reflecting cautious trader sentiment amid ongoing economic challenges.

According to real-time data from popular street forex trackers, including the Aboki FX platform, the rate hovered around ₦1,620 to ₦1,630 per USD as of late afternoon.

This marks a slight improvement from last week’s highs of over ₦1,650, offering a brief respite for importers and travelers relying on the informal market. However, experts warn that volatility could return due to factors like fluctuating oil prices, foreign reserve levels, and global inflation trends.

The official Central Bank of Nigeria (CBN) rate, for comparison, stands at approximately ₦1,500 per USD, highlighting the persistent premium on the black market.”Traders are playing it safe today, with demand picking up slightly from remittances and small-scale businesses,” said an anonymous forex dealer in Lagos’ bustling Computer Village.

“But without clearer policies from the government, we could see another spike by week’s end.” The Aboki rate, often used as a benchmark for parallel transactions, is influenced by supply and demand dynamics outside regulated channels.

As Nigeria grapples with its worst inflation in decades and subsidy removal aftershocks, many citizens continue to turn to these informal rates for everyday forex needs.

Stay tuned for updates, as rates can fluctuate rapidly. For the most accurate and live figures, consult trusted sources like Aboki FX or authorized dealers.

Investors are advised to monitor official CBN announcements for any interventions that could impact the market.