Aboki Naira to Dollar Black Market Exchange Rate Today, 10th April 2026
As of Friday, April 10, 2026, the Nigerian naira continued to trade with notable stability against the US dollar in the parallel market, where demand for foreign currency remains steady amid ongoing economic pressures.
According to popular trackers like Aboki Forex and other parallel market sources, one US dollar was exchanging for approximately ₦1,400 to ₦1,410, with buyers typically acquiring dollars at around ₦1,390 to ₦1,400 and sellers offloading at ₦1,405 to ₦1,410.
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This range reflects a relatively narrow gap compared to recent weeks, as the local currency held firm despite persistent challenges in foreign exchange supply. In contrast, the official Nigerian Foreign Exchange Market (NFEM) rate, managed through the Central Bank of Nigeria, hovered near ₦1,359 to ₦1,372 per dollar in recent sessions, highlighting the persistent divergence between the two windows.
Traders and analysts attribute the black market’s firmness to sustained demand from importers, travellers, and businesses seeking quick access to dollars outside formal channels. While the CBN has maintained interventions to support the naira, including liquidity injections and remittance boosts, the parallel segment often reacts more swiftly to real-time supply shortages and speculative activities.
Market observers note that the naira has shown resilience in early April, avoiding sharp depreciations seen in prior months. However, broader factors such as global oil price fluctuations, inflation trends, and foreign investor sentiment could influence future movements. Nigerians planning currency exchanges are advised to monitor live updates closely, as rates in the black market can shift rapidly within hours based on location and transaction volume.
For context, the pound sterling and euro followed similar patterns, trading higher in the parallel market at roughly ₦1,880 to ₦1,890 and ₦1,615 to ₦1,620, respectively. Experts recommend verifying rates with reputable dealers before any transaction to avoid discrepancies.
