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

The Nigerian Naira depreciated slightly against the US Dollar in the parallel market on March 11, 2026, amid ongoing demand for foreign currency in informal trading channels.

According to updates from popular trackers like Aboki Forex and reports from major cities, including Lagos, Abuja, Port Harcourt, and Kano, the black market (also known as the parallel or Aboki market) exchange rate for 1 US Dollar stood at approximately ₦1,420 to ₦1,430 for selling (the rate at which individuals buy dollars from dealers).

• Buying rate (what dealers pay to purchase dollars from sellers): Around ₦1,410 to ₦1,415 per USD.
• Selling rate (what buyers pay to acquire dollars): Around ₦1,420 to ₦1,430 per USD.

This reflects a modest upward movement or stabilization in the range seen over the past few days, with some sources noting rates as high as ₦1,430 in certain locations earlier in the week, while others reported closer to ₦1,420 by March 10–11.

For context, the official Central Bank of Nigeria (CBN) window showed the Naira trading stronger, closing around ₦1,390 to ₦1,401 per USD in recent sessions, highlighting a narrow but persistent gap between regulated and unregulated markets.

Analysts point to sustained demand for forex amid global dollar strength and local economic factors as key drivers behind the parallel market trends.

Traders and residents are advised to monitor live platforms such as Aboki Forex or similar reliable sources for real-time fluctuations, as rates in the informal sector can vary quickly by location and dealer. The black market remains a critical point of reference for many Nigerians involved in international transactions, remittances, or imports outside official channels.