Aboki Naira to Dollar Black Market Exchange Rate Today, 22nd March 2026

As of today, March 22, 2026, the Nigerian Naira continues to trade at elevated levels against the US Dollar in the parallel market, commonly known as the black market or Aboki rate.

According to updates from reliable trackers like Aboki Forex and similar platforms, the black market exchange rate for 1 US Dollar stands at approximately ₦1,395 for buying and around ₦1,410 for selling in key locations such as Lagos. This reflects a slight upward movement in recent days, with the sell rate showing a modest increase of about 1.44% compared to earlier sessions.

For context:

• Buy rate (what dealers pay for dollars): Around ₦1,391–₦1,395
• Sell rate (what buyers pay in Naira): Around ₦1,410

In contrast, the official Central Bank of Nigeria (CBN) rate hovers lower at about ₦1,353 per dollar, highlighting the persistent gap between regulated and informal markets. Sources like Nairatoday.com report the parallel market sell rate at ₦1,410, aligning closely with trader reports from major cities.

The Naira’s performance remains influenced by ongoing factors such as global oil price volatility, foreign reserve dynamics, and domestic demand for foreign currency amid import needs. While recent CBN interventions have helped narrow the premium over official rates in some periods, the black market continues to reflect real-time supply pressures from importers, travellers, and small businesses.

Traders advise caution, as rates can fluctuate quickly based on location, volume, and daily sentiment. For the most accurate real-time quotes, individuals should check trusted local dealers or verified apps like Aboki Forex.

This update is based on aggregated market observations as of mid-morning on March 22, 2026. Exchange rates in the informal sector are unregulated and subject to change.