Aboki Naira to Dollar Black Market Exchange Rate Today, 20th April 2026

As of Monday, April 20, 2026, the Nigerian naira continued to trade under pressure in the parallel market, with one US dollar exchanging for approximately 1,395 naira on the buy side and up to 1,405 naira when selling, according to popular trackers like Aboki Forex.

This level reflects a relatively steady position compared to recent sessions, where minor fluctuations have been driven by persistent demand for foreign currency amid limited dollar inflows from official channels.

Currency dealers in major hubs such as Lagos reported brisk activity early in the day, as importers and individuals seeking dollars for travel or business needs turned to the black market for quicker access.

The spread between buying and selling rates remained narrow, signalling cautious optimism among operators despite broader economic challenges, including inflation concerns and the need for improved foreign exchange liquidity.

For context, the official Central Bank of Nigeria rate hovered lower around 1,343 naira per dollar, highlighting the ongoing gap between regulated and unregulated segments.

Market watchers noted that any fresh supply from oil revenues or diaspora remittances could help ease tensions, but until then, rates are likely to hold within this band. Nigerians planning transactions are advised to compare quotes from reliable sources, as local variations can occur based on volume and location.