Aboki Naira to Dollar Black Market Exchange Rate Today, 3rd August 2026

As of Monday, 3rd August 2026, the Nigerian naira is exchanging at approximately ₦1,415 to one United States dollar on the parallel market, commonly referred to as the Aboki or black market rate, according to trackers monitoring street-level currency dealings in major cities including Lagos, Abuja, Kano and Port Harcourt.

Dealers are buying the dollar at around ₦1,405 while selling it near the ₦1,415 mark, producing a modest spread that reflects ongoing demand from importers, travellers and individuals settling overseas obligations such as school fees and medical payments.  

This parallel market quotation sits above the official Central Bank of Nigeria window, where the naira has recently traded in the region of ₦1,360 to ₦1,370 per dollar, leaving a premium of roughly three per cent between the two segments. Market participants note that supply in the informal channel remains relatively constrained even as official liquidity has shown intermittent improvement, prompting many end-users to continue sourcing hard currency through bureau de change operators and street traders for faster access.  

Rates can vary slightly depending on location and the volume of the transaction, and they remain subject to shifts driven by oil-related inflows, remittance patterns and broader policy signals from monetary authorities. Businesses and individuals planning currency exchanges are advised to confirm the prevailing quotes with trusted local dealers before completing deals, as the dual-market structure continues to characterise Nigeria’s foreign exchange environment on this date.