As of today, Sunday, May 4, 2025, the black market (parallel market) exchange rate for the US Dollar (USD) to Nigerian Naira (NGN) is approximately:
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₦1,600 per $1
This rate reflects the ongoing depreciation of the Naira in the parallel market, influenced by factors such as limited foreign exchange supply and high demand for the US dollar…….CONTINUE READING
Note: Exchange rates can vary between different locations and currency dealers. It’s advisable to consult multiple sources or local Bureau De Change operators for the most accurate and current rates.
If you need information on the official Central Bank of Nigeria (CBN) exchange rate or rates for other currencies like the Euro or British Pound, feel free to ask!
