Aboki Naira to Dollar Black Market Exchange Rate Today, 24th November 2025

The Nigerian Naira demonstrated resilience in the parallel market on Monday, trading at a buying rate of ₦1,450 and a selling rate of ₦1,465 per US Dollar, according to informal currency traders known as “Aboki” operators across major cities, including Lagos, Abuja, Port Harcourt, and Kano.

This marks a slight depreciation from Sunday’s rates of ₦1,470 (buying) and ₦1,475 (selling), but analysts view it as a stabilization within the naira’s recent range of ₦1,450 to ₦1,490 over the past month.

The modest shift comes amid subdued trading volumes heading into the Christmas season, with importers and remittances playing a key role in keeping demand in check.

“While the black market remains volatile, today’s rates offer a breather for households and small businesses reliant on dollar inflows,” said Dr. Aisha Bello, an economist at Nairametrics. “However, persistent inflation and global oil price fluctuations could test this equilibrium if Central Bank of Nigeria interventions don’t ramp up.”

For context, exchanging $1,000 in the parallel market would yield approximately ₦1,450,000 at buying rates—a stark reminder of the naira’s year-to-date slide from earlier highs near ₦1,600. Official Central Bank rates, by comparison, hovered around ₦1,600 per dollar last week, highlighting the persistent premium in the unregulated Aboki segment.

Traders advise caution, recommending verification through trusted apps like AbokiFX to sidestep scams in the opaque market. As Nigeria eyes OPEC+ production decisions and potential crude oil rebounds, the naira’s trajectory remains a barometer for the nation’s economic health.

Live updates on rates and conversions are available via platforms such as TheCityCeleb.

Exchange rates are subject to intraday changes; consult licensed Bureau de Change operators for transactions.