US flag$1 to Naira Black Market Rate Today

At today's black market BDC buy rate of ₦1,414.88 per USD, $1 equals ₦1,414.88 at a Bureau de Change in Nigeria. Rates updated daily.

Updated 3 Aug, 3:43 am
US flag
$1 at Black Market Buy Rate
BDC · USD to NGN
Live
You receive (Buy)
₦1,414.88
You pay (Sell)
₦1,425.13
$1 at Official CBN Rate
NAFEM · USD to NGN
CBN
Buy
₦1,368.00
Sell
₦1,368.00
USD AmountBlack Market (Buy)Black Market (Sell)CBN Official
$1 ₦1,414.88 ₦1,425.13 ₦1,368.00
$2 ₦2,829.76 ₦2,850.26 ₦2,736.00
$3 ₦4,244.64 ₦4,275.39 ₦4,104.00
$4 ₦5,659.52 ₦5,700.52 ₦5,472.00
$5 ₦7,074.40 ₦7,125.65 ₦6,840.00

How to convert $1 to naira in Nigeria

To exchange $1 at a Bureau de Change in Nigeria today, you should receive approximately ₦1,414.88 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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