Aboki Naira to Dollar Black Market Exchange Rate Today, 26th February 2026

Aboki Naira to Dollar Black Market Exchange Rate Today, 26th February 2026

0 Posted By Aboki Exchange

The Naira to Dollar Black Market Exchange Rate (also known as the parallel or Aboki market) on February 26, 2026, showed the US Dollar trading around ₦1,380 to ₦1,390 per $1, according to aggregated data from popular trackers and user reports.

Reliable sources like AbokiForex reported the black market rate at approximately ₦1,385 for selling dollars (meaning $1 buys ₦1,385 in the parallel market), with buy rates slightly lower.

Trending Now!!:

This aligns with user-submitted rates on platforms such as NgnRates.com, where sell rates averaged ₦1,380 (with individual reports ranging from ₦1,360 buy to ₦1,380+ sell on the day).

Other trackers indicated:

  • Selling (what buyers pay): ₦1,385–₦1,390
  • Buying (what sellers receive): ₦1,360–₦1,370

This reflects relative stability in the parallel market, with the gap to the official rate narrowing significantly amid ongoing Central Bank of Nigeria (CBN) interventions.

For comparison:

  • The official CBN/NAFEM rate closed around ₦1,356 per $1 on recent days (e.g., February 25 data showed ₦1,356.11), with mid-market estimates near ₦1,350–₦1,355.
  • The parallel premium remains low (under 2–3%), reflecting improved FX supply to Bureau de Change operators and reduced speculative pressures.

Market participants in Lagos, Abuja, Kano, and Port Harcourt noted steady demand met by available dollars, influenced by recent monetary policy adjustments (including the CBN’s 50-basis-point rate cut) and efforts to harmonize rates.

Note: Black market rates fluctuate intraday based on location, volume, and trader negotiations. These figures are indicative averages from real-time sources as of February 26, 2026. For live transactions, verify directly with trusted dealers, as rates can vary. Always exercise caution with informal exchanges.