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

The Naira to Dollar black market exchange rate on March 20, 2026, showed stability in Nigeria’s informal foreign exchange sector, according to popular trackers like Aboki Forex.

As of today, the parallel market rate for 1 US Dollar stands at approximately ₦1,395 (buying/selling around this level, with minor variations depending on location and dealer). This figure comes from real-time updates on platforms specializing in unofficial rates, reflecting trader quotes in key hubs such as Lagos.

For context:

• Buying rate (what dealers pay for dollars): Around ₦1,390–1,395.
• Selling rate (what buyers pay in Naira): Around ₦1,395–1,410 in some reports.

This represents a relatively steady position compared to recent days, where rates hovered in the ₦1,390–1,410 range. Other sources, including user-reported data from Lagos parallel markets, indicate sell rates up to ₦1,410 and buy rates near ₦1,390 as of March 19, with little dramatic shift overnight.

In contrast, the official Central Bank of Nigeria (CBN) rate remains lower, typically quoted around ₦1,353–1,358 per dollar in the recent window, highlighting the ongoing premium in the informal market due to demand pressures from importers, travelers, and small businesses.

Factors contributing to the current levels include sustained oil price fluctuations globally and ongoing CBN interventions to boost liquidity in the official market, which have helped narrow the gap between official and parallel rates over time.

Traders and individuals are advised to verify rates directly with trusted Bureau De Change operators, as black market figures can fluctuate intraday based on supply, location, and transaction volume. For the most accurate conversions, cross-check multiple reliable sources.