UAE Dirham to Naira Black Market Rate Today
Live UAE Dirham to Nigerian Naira exchange rate. Black market BDC rate cross-rated from USD and official rate from the Central Bank of Nigeria.
Price history
Parallel market sell rate · daily close
AED/NGN Rate: Last 30 Days
UAE Dirham to Naira black market rate: key facts
As of 4 May, 9:38 pm WAT, BDC operators are buying AED at ₦375.54 and selling at ₦381.35. The spread (the difference between buy and sell) is ₦5.81 per AED. The official CBN rate for AED/NGN is ₦374.42.
Dubai dirham to naira for Nigerian traders
Dubai is one of the most important trading hubs for Nigerian importers. Electronics, textiles, gold, and consumer goods flow from UAE markets to Lagos and Kano daily. The AED/NGN rate at Nigerian BDCs closely tracks the USD/NGN parallel rate. The UAE dirham is pegged to the US dollar, so movements are primarily driven by changes in the naira-dollar rate rather than AED fluctuations.
Official CBN rate vs black market rate for AED
The CBN publishes an official rate for AED/NGN through the NAFEM window for regulated transactions. The black market rate is typically higher because official supply cannot meet demand. Today the gap between the two is approximately ₦7 per AED.