Aboki Naira to Dollar Black Market Exchange Rate Today, 20th November 2025

In a sign of cautious stability for Nigeria’s beleaguered currency, the Nigerian Naira traded flat against the US Dollar in the parallel market today, with informal “Aboki” traders quoting a selling rate of ₦1,465 per dollar across major cities, including Lagos, Abuja, Port Harcourt, and Kano.

The rate, which reflects real-time activity among Bureau de Change (BDC) operators and street vendors, shows the Naira buying dollars at around ₦1,455, maintaining the tight band observed over the past week. This comes as the Central Bank of Nigeria (CBN) continues its efforts to unify forex windows, with the official Investors and Exporters (I&E) rate hovering near ₦1,450—narrowing the typical premium that has long plagued the unregulated black market.

Market watchers attribute the steadiness to a temporary uptick in dollar inflows from oil exports and remittances, despite global crude prices remaining volatile amid geopolitical tensions in the Middle East. “The Aboki rate’s resilience offers a brief breather for importers and households, but underlying pressures like inflation and subsidy removals could push it toward ₦1,500 by year-end if interventions falter,” said Dr. Aisha Bello, an economist at Nairametrics.

For context, the black market has seen the Naira fluctuate between ₦1,450 and ₦1,490 over the last month, a marked improvement from the ₦1,600 peaks earlier in 2025. Today’s rates also extend to other majors: the British Pound sold at ₦1,930 (buying at ₦1,890), while the Euro fetched ₦1,620 (buying at ₦1,590), according to aggregated dealer quotes.

Small businesses and diaspora families, who rely heavily on these parallel channels for affordable forex, welcomed the plateau. “It’s easier to plan now without the daily swings,” noted Lagos trader Emeka Okoro, who deals in imported electronics. However, experts urge caution: the CBN has reiterated that parallel transactions carry risks, advising users to stick to licensed banks for larger deals.

As Nigeria navigates its post-reform recovery, today’s Aboki rates underscore a fragile equilibrium—one that could tip with the next Federal Open Market Committee (FOMC) decision or OPEC+ output adjustments.

For live updates, platforms like AbokiFX remain go-to tools for traders hedging against uncertainty.

Rates are indicative and subject to intraday changes; always verify with local dealers.