US flag$1 to Naira Black Market Rate Today

At today's black market BDC buy rate of ₦1,394.83 per USD, $1 equals ₦1,394.83 at a Bureau de Change in Nigeria. Rates updated every 30 minutes.

Updated 19 Jun, 0:44 am
US flag
$1 at Black Market Buy Rate
BDC · USD to NGN
Live
You receive (Buy)
₦1,394.83
You pay (Sell)
₦1,413.26
$1 at Official CBN Rate
NAFEM · USD to NGN
CBN
Buy
₦1,359.17
Sell
₦1,359.17
USD AmountBlack Market (Buy)Black Market (Sell)CBN Official
$1 ₦1,394.83 ₦1,413.26 ₦1,359.17
$2 ₦2,789.66 ₦2,826.52 ₦2,718.34
$3 ₦4,184.49 ₦4,239.78 ₦4,077.51
$4 ₦5,579.32 ₦5,653.04 ₦5,436.68
$5 ₦6,974.15 ₦7,066.30 ₦6,795.85

How to convert $1 to naira in Nigeria

To exchange $1 at a Bureau de Change in Nigeria today, you should receive approximately ₦1,394.83 at the black market buy rate. The exact amount depends on your BDC operator, your location, and the condition of your notes.

Crisp bills vs worn notes

For a transaction of $1, the condition of your dollar bills matters. Post-2009 Federal Reserve notes fetch ₦10 to ₦20 more per dollar than worn or older-series bills. On a $1 exchange, that difference could be as much as ₦20.

Where to get the best dollar rate

High-volume BDC clusters in Lagos Island, Ikeja, and Wuse Zone 4 in Abuja typically quote rates closest to this page. For amounts above $500, call ahead to confirm the rate before travelling to the BDC.

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