Aboki Naira to Dollar Black Market Exchange Rate Today, 30th March 2026
The Nigerian Naira remained relatively stable against the US Dollar in the parallel market (commonly known as the black market or Aboki FX) on Monday, 30th March 2026.
According to popular platforms tracking street rates, including Aboki Forex, 1 US Dollar (USD) is currently trading at approximately ₦1,415 in the black market.
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- Buying rate: Around ₦1,415 per dollar
- Selling rate: Around ₦1,420 per dollar (with slight variations depending on the location and dealer)
Other sources monitoring the parallel market in Lagos and Abuja reported similar figures in recent days, with selling rates hovering between ₦1,410 and ₦1,430 earlier in the week, reflecting minor day-to-day fluctuations driven by supply and demand.
Comparison with Official Rate
In contrast, the official Central Bank of Nigeria (CBN) rate through the Nigerian Foreign Exchange Market (NFEM) stood at approximately ₦1,380 – ₦1,384 per dollar as of the last trading session on Friday, 27th March 2026. This creates a premium of roughly ₦30–₦40 between the official window and the parallel market.
The gap between the two markets has narrowed compared to previous months but continues to reflect ongoing demand for foreign exchange outside official channels, particularly for retail transactions, travel, and small-scale imports.
Other Major Currencies (Black Market/Parallel Rates)
- British Pound (GBP): Buying ≈ ₦1,860 – ₦1,880 | Selling ≈ ₦1,900
- Euro (EUR): Buying ≈ ₦1,580 – ₦1,600 | Selling ≈ ₦1,620 – ₦1,625
Rates can vary slightly by location (e.g., Broad Street in Lagos or Wuse Zone 4 in Abuja) and are influenced by the volume of dollars available from diaspora remittances, exporters, and Bureau De Change (BDC) operators.
Market Context
The Naira has shown relative resilience in recent weeks, supported by sustained crude oil prices above $100 per barrel and efforts by the CBN to improve liquidity in the official market. However, persistent pressure from high import demand and geopolitical factors continues to influence the parallel market.
Note: Black market rates are indicative and sourced from dealer quotes and tracking platforms. They can change rapidly within the day. For transactions, always verify with trusted local exchangers and note that parallel market dealings carry risks and regulatory considerations.
Traders and individuals planning forex transactions are advised to monitor updates from reliable sources like Aboki Forex or official CBN announcements for the most current figures.
