US flag$1,000 to Naira Black Market Rate Today

At today's black market BDC buy rate of ₦1,382.92 per USD, $1,000 equals ₦1,382,920.00 at a Bureau de Change in Nigeria. Rates updated daily.

Updated 17 Sept, 6:30 am
US flag
$1,000 at Black Market Buy Rate
BDC · USD to NGN
Live
You receive (Buy)
₦1,382,920.00
You pay (Sell)
₦1,392,680.00
$1,000 at Official CBN Rate
NAFEM · USD to NGN
CBN
Buy
₦1,329,560.00
Sell
₦1,329,560.00
USD AmountBlack Market (Buy)Black Market (Sell)CBN Official
$400 ₦553,168.00 ₦557,072.00 ₦531,824.00
$500 ₦691,460.00 ₦696,340.00 ₦664,780.00
$600 ₦829,752.00 ₦835,608.00 ₦797,736.00
$750 ₦1,037,190.00 ₦1,044,510.00 ₦997,170.00
$1,000 ₦1,382,920.00 ₦1,392,680.00 ₦1,329,560.00
$1,250 ₦1,728,650.00 ₦1,740,850.00 ₦1,661,950.00
$1,500 ₦2,074,380.00 ₦2,089,020.00 ₦1,994,340.00
$2,000 ₦2,765,840.00 ₦2,785,360.00 ₦2,659,120.00
$2,500 ₦3,457,300.00 ₦3,481,700.00 ₦3,323,900.00

How to convert $1,000 to naira in Nigeria

To exchange $1,000 at a Bureau de Change in Nigeria today, you should receive approximately ₦1,382,920.00 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 $1,000, 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 $1,000 exchange, that difference could be as much as ₦20,000.

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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