Aboki Naira to Dollar Black Market Exchange Rate Today, 29th March 2026

The Nigerian naira maintained a relatively stable position in the black market (parallel market) on Sunday, March 29, 2026, with the US dollar trading around ₦1,415 to ₦1,420 per dollar, according to popular trackers like Aboki Forex and other parallel market sources.

Traders in major cities, including Lagos, reported the dollar buying at approximately ₦1,405–₦1,415 and selling at ₦1,415–₦1,420. These figures reflect slight daily fluctuations typical of the informal forex segment, where rates often respond quickly to supply and demand dynamics.

For context, recent days have seen the parallel rate hover in a narrow band between ₦1,398 and ₦1,430, influenced by factors such as dollar availability from Bureau de Change operators and informal traders. On March 27–28, sell rates were quoted as high as ₦1,430 in some locations, while buy rates dipped to around ₦1,410, showing modest volatility amid ongoing economic pressures.

In comparison, the official Central Bank of Nigeria (CBN) rate stood near ₦1,383–₦1,387 per dollar in the latest sessions, highlighting the persistent gap between the formal and informal markets. This spread continues to affect importers, travelers, and businesses relying on foreign currency.

Analysts note that the naira’s performance in the parallel market has benefited from improved short-term dollar liquidity in recent weeks, though broader challenges—including inflation, oil revenue fluctuations, and global economic uncertainties—remain key influences on currency stability.

Key Rates Summary (as of March 29, 2026 – Parallel/Black Market):

• US Dollar (USD): Buy ≈ ₦1,405–1,415 | Sell ≈ ₦1,415–1,420
• Rates can vary slightly by location and dealer; always confirm with trusted local sources before transacting.

Market participants are advised to exercise caution with cash transactions and monitor updates from reliable platforms. The parallel market remains sensitive to news on monetary policy, foreign reserves, and international oil prices.

This update is based on aggregated reports from forex tracking sites and trader inputs. Exchange rates are indicative and subject to real-time changes. For official transactions, refer to authorized dealers or the CBN.