Aboki Naira to Dollar Black Market Exchange Rate Today, 22nd December 2025

As Nigerians wrap up the festive “Detty December” season and prepare for Christmas celebrations, the Nigerian Naira has maintained relative stability in the parallel (black) market on Monday, 22nd December 2025.

Bureau de Change (BDC) operators and street traders, commonly referred to as “Aboki,” in major cities including Lagos, Abuja, Port Harcourt, and Kano, report the US Dollar trading at a selling rate of approximately ₦1,496 per USD.

Buying rates from customers are hovering around ₦1,480–₦1,490 per USD, showing minimal fluctuations from the previous day. This consistency comes despite heightened year-end demand for dollars, driven by holiday travel, imports, and personal remittances.

Analysts attribute the Naira’s resilience to increased diaspora inflows during the festive period and ongoing interventions by the Central Bank of Nigeria (CBN) to boost foreign exchange liquidity.

The gap between the parallel market and the official Nigerian Foreign Exchange Market (NFEM) rate remains modest, with the official rate typically lower at around ₦1,450–₦1,460 per USD.

This narrowed premium reflects gradual progress in Nigeria’s forex reforms throughout 2025. Market watchers caution that rates can vary slightly by location and time of day, and advise transacting with reputable dealers for safety.

As global oil prices and policy announcements influence the market, traders are monitoring for any late-year volatility heading into 2026.

Note: Black market rates are unofficial and subject to rapid changes. Always verify with local sources before exchanging currency.