Aboki Naira to Dollar Black Market Exchange Rate Today, 11th June 2026

Parallel market currency dealers across Nigeria are trading the US dollar at between ₦1,385 and ₦1,400 per dollar on Thursday, 11th June 2026, with the buying rate holding slightly below the selling rate as demand from importers, students, and retail traders keeps activity brisk at street-level exchange points.

According to figures tracked by AbokiForex, the naira is currently exchanging at approximately ₦1,390 per dollar in the black market, a rate that continues to reflect real supply and demand conditions outside the formal banking system. The rate is updated every hour as dealers across Lagos, Abuja, Kano, and Port Harcourt report their positions throughout the day.

The Central Bank of Nigeria’s official rate currently stands at ₦1,362.84 per dollar, leaving a spread of roughly ₦37 between the official window and the parallel market sell price. While that gap has narrowed considerably compared to levels recorded in previous years, it continues to attract traders and individuals who cannot access foreign currency through commercial banks at the regulated rate.

Currency dealers in Abuja’s Wuse Zone 4, one of the busiest parallel market corridors in the country, reported buying dollars at ₦1,380 and selling at ₦1,390 on Wednesday, with the euro buying at ₦1,590 and selling at ₦1,635, and the British pound buying at ₦1,850 and selling at ₦1,880.

The black market dollar to naira rate, also known as the parallel market or street rate, captures the exchange price at which US dollars are bought and sold outside Nigeria’s official banking system, reflecting the real-time currency appetite of everyday Nigerians, including traders, students, travellers, and businesses unable to access forex through approved commercial channels at the CBN rate.

Nigeria’s foreign exchange landscape has seen notable improvements in recent months, with net forex inflow tripling to $9.22 billion in January as the naira strengthened and foreign reserves climbed to $48.88 billion, according to data tracked by AbokiForex. The improved reserve position has been one of the factors keeping the parallel market rate from widening further against the official window.

Nigerians are advised to exercise caution when exchanging currencies outside licensed Bureau de Change operators, as street-level rates fluctuate throughout the day and transactions outside regulated channels carry inherent risks. Rate-checking platforms including AbokiForex and NairaToday remain the most widely referenced sources for real-time parallel market data.