Aboki Naira to Dollar Black Market Exchange Rate Today, 18th April 2026

As of Saturday, April 18, 2026, the Nigerian naira traded steadily against the US dollar in the informal foreign exchange segment, with the widely followed Aboki black market rate holding around 1,395 to 1,400 naira per dollar.

Traders in major hubs like Lagos reported buying dollars at approximately 1,390 to 1,395 naira while selling them between 1,400 and 1,405 naira, reflecting modest spreads amid ongoing demand for foreign currency.

This level marks a period of relative calm in the parallel market after slight fluctuations in recent sessions, where the naira had shown minor gains supported by improved dollar inflows from some official channels.

However, persistent pressures from importers and individuals seeking dollars outside regulated windows continue to keep the black market premium elevated compared to the Central Bank of Nigeria’s official rate, which hovered near 1,344 naira per dollar on the previous trading day.

Market participants noted that supply remained constrained in the informal sector, influenced by broader economic factors, including inflation trends and external reserve management.

Currency exchangers advised caution, as rates can shift quickly based on daily availability and news from monetary authorities. For those converting larger sums, such as 100 dollars, the transaction would typically yield between 139,000 and 140,000 naira at current parallel market levels.

Analysts observe that while interventions have helped narrow the gap between official and unofficial rates in past weeks, sustained stability will depend on consistent foreign exchange supply and policy consistency.

Nigerians planning travel, remittances, or business dealings involving dollars are encouraged to monitor updates closely through trusted local sources, as black market figures often serve as a practical benchmark for real-world transactions despite not being officially endorsed.