Aboki Naira to Dollar Black Market Exchange Rate Today, 13th March 2026

The Nigerian Naira has shown continued stability in the parallel market, commonly referred to as the black market or Aboki rate, as of today, March 13, 2026.

According to popular trackers like Aboki Forex, the black market exchange rate for 1 US Dollar stands at approximately ₦1,420 (buying/selling around this level, with minor variations depending on location and dealer). This reflects a tight alignment with recent trends, where the parallel market has hovered in the ₦1,405–₦1,450 range over the past few days.

In contrast, the official Nigerian Foreign Exchange Market (NFEM) window, managed by the Central Bank of Nigeria (CBN), quotes the Naira at around ₦1,371–₦1,399 per US Dollar, based on recent sessions (with slight daily fluctuations, such as closing near ₦1,371.50 on March 12). This keeps the gap between official and informal rates remarkably narrow—often under 2%—a sign of improved forex liquidity and reduced speculative pressure compared to previous periods of wider spreads.

Traders in major cities like Lagos, Abuja, and Kano report steady demand for dollars mainly from retail users, small businesses, and travelers, with no major panic buying observed. Ongoing CBN interventions, including consistent supply to Bureau de Change (BDC) operators, have helped sustain this equilibrium and curb volatility in the informal segment.

Market observers note that while the Naira has faced broader pressures in recent months, the current parallel rate stability points to positive effects from policy measures aimed at unifying forex access and boosting investor confidence. However, participants are advised to monitor official announcements and avoid unregulated deals to minimize risks.

Rates can vary slightly by dealer, time of day, and transaction volume—always confirm with trusted local sources for the most accurate quote on any given day.