The dollar-to-naira exchange rate at the Lagos parallel market stood at ₦1,415 per dollar on Friday, July 24, 2026, according to sources at the Bureau De Change (BDC).
The rate means that BDC operators sold the dollar for ₦1,415 and bought it for ₦1,406.
AThe latest figures reflect the prevailing exchange rate in the black market, also known as the parallel market or Aboki FX.
At the official market, the Central Bank of Nigeria (CBN) rate recorded a highest rate of ₦1,365 and a lowest rate of ₦1,359.
The CBN does not recognise the parallel market and has directed individuals seeking to engage in foreign exchange transactions to approach their respective banks.
Dollar to naira exchange rates
| Market | Buying rate | Selling rate |
|---|---|---|
| Lagos parallel market | ₦1,406 | ₦1,415 |
CBN rate
| Rate | Value |
|---|---|
| Highest rate | ₦1,365 |
| Lowest rate | ₦1,359 |