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

At today's black market BDC buy rate of ₦1,394.83 per USD, $1,000 equals ₦1,394,830.00 at a Bureau de Change in Nigeria. Rates updated every 30 minutes.

Updated 19 Jun, 0:44 am
US flag
$1,000 at Black Market Buy Rate
BDC · USD to NGN
Live
You receive (Buy)
₦1,394,830.00
You pay (Sell)
₦1,413,260.00
$1,000 at Official CBN Rate
NAFEM · USD to NGN
CBN
Buy
₦1,359,170.00
Sell
₦1,359,170.00
USD AmountBlack Market (Buy)Black Market (Sell)CBN Official
$400 ₦557,932.00 ₦565,304.00 ₦543,668.00
$500 ₦697,415.00 ₦706,630.00 ₦679,585.00
$600 ₦836,898.00 ₦847,956.00 ₦815,502.00
$750 ₦1,046,122.50 ₦1,059,945.00 ₦1,019,377.50
$1,000 ₦1,394,830.00 ₦1,413,260.00 ₦1,359,170.00
$1,250 ₦1,743,537.50 ₦1,766,575.00 ₦1,698,962.50
$1,500 ₦2,092,245.00 ₦2,119,890.00 ₦2,038,755.00
$2,000 ₦2,789,660.00 ₦2,826,520.00 ₦2,718,340.00
$2,500 ₦3,487,075.00 ₦3,533,150.00 ₦3,397,925.00

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 ₦1,394,830.00 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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