Aboki Naira to Dollar Black Market Exchange Rate Today, 18th December 2025

As Nigerians intensify preparations for the Christmas and New Year celebrations, the Nigerian Naira has maintained remarkable stability in the parallel market, commonly referred to as the “black market” or “Aboki” rate, on Thursday, 18th December 2025.

Bureau De Change (BDC) operators and street traders in major cities including Lagos, Abuja, Port Harcourt, and Kano reported the US Dollar trading steadily, with selling rates hovering at ₦1,496 per USD.

Buying rates from customers were around ₦1,480–₦1,490 per USD, reflecting minimal fluctuations from the previous day. This consistency comes amid increased seasonal demand for foreign currency, driven by travel, imports, and holiday spending.

However, analysts attribute the Naira’s resilience to boosted diaspora remittances during the “Detty December” period and ongoing Central Bank of Nigeria (CBN) efforts to improve forex liquidity.

In comparison, the official rate in the Nigerian Foreign Exchange Market (NFEM) stood significantly lower, around ₦1,440–₦1,450 per USD, highlighting the persistent premium in the parallel market due to easier access for individuals and small businesses.

The gap between official and black market rates has narrowed considerably from earlier 2025 highs above ₦1,600, signaling progress in forex reforms.

Market watchers note that year-end pressures could introduce volatility, but current stability offers short-term relief amid elevated inflation and modest economic growth projections.

Note: Black market rates are unofficial, can vary slightly by location and time, and fluctuate rapidly. Always verify with trusted local dealers and transact safely. For official transactions, use regulated channels.