Aboki Naira to Dollar Black Market Exchange Rate Today, 23rd December 2025

As Nigerians continue preparations for Christmas amid the festive “Detty December” season, the Nigerian Naira has shown remarkable stability in the parallel market, commonly referred to as the black market or “Aboki” rate.

Bureau de Change (BDC) operators and street traders in major cities including Lagos, Abuja, Port Harcourt, and Kano report that the US Dollar is trading steadily, with selling rates at approximately ₦1,496 per USD on Tuesday, 23rd December 2025.

Buying rates from customers are typically slightly lower, hovering around ₦1,480–₦1,490, depending on location and transaction volume. This rate remains largely unchanged from recent days, reflecting moderated demand despite heightened seasonal needs for foreign currency related to travel, imports, and holiday spending.

Analysts attribute the Naira’s resilience to increased diaspora remittances ahead of the holidays and ongoing efforts by the Central Bank of Nigeria (CBN) to boost forex liquidity.

The gap between the official Nigerian Foreign Exchange Market (NFEM) rate (around ₦1,450–₦1,460 per USD) and the parallel market has remained narrow throughout late 2025, a sign of progress in the country’s foreign exchange reforms.

Note: Black market rates are unofficial and can vary slightly by location or time of day.

Traders advise verifying with local BDC operators for the most accurate quotes and transacting cautiously. Rates are subject to rapid changes based on supply and demand dynamics.