Dollar to Naira Black Market Exchange Rate Today – 18 April 2025
If you’re looking for the most accurate dollar to naira exchange rate in the black market today, this post provides verified updates on the Aboki fx rate for Friday, April 18, 2025. We cover the current rates from currency dealers in major black market hubs such as Lagos, Kano, and Abuja.
This update is essential for importers, travelers, online shoppers, and those involved in forex trading or remittance transactions who rely on the dollar to naira parallel market exchange rate.
Dollar to Naira Black Market Rate Today – April 18, 2025
According to currency dealers at the popular Zone 4 market in Abuja and other key Bureau De Change (BDC) locations, here is the exchange rate of the United States Dollar to the Nigerian Naira in the black market today:
| Currency | Buying Rate (₦) | Selling Rate (₦) |
|---|---|---|
| USD | 1585 | 1610 |
Please note that the rates may vary slightly depending on location, dealer margins, and negotiation. However, these figures reflect the most common rates as of today.
Dollar to Naira Exchange Rate Trend – Past 7 Days
Here is a summary of the USD to NGN black market exchange rate over the past week. This shows how the rate has remained fairly consistent.
| Date | Rate (₦) |
|---|---|
| April 17, 2025 | 1585 |
| April 16, 2025 | 1585 |
| April 15, 2025 | 1585 |
| April 14, 2025 | 1585 |
| April 13, 2025 | 1585 |
| April 12, 2025 | 1585 |
| April 11, 2025 | 1585 |
Despite the stability, the naira has continued to depreciate overall against the dollar in the unofficial market over the past few months.
Other Major Foreign Currency Rates Today
In addition to the dollar, here are the current black market rates for other foreign currencies in Nigeria.
Pounds to Naira Exchange Rate
| Currency | Buying Rate (₦) | Selling Rate (₦) |
|---|---|---|
| GBP | 2080 | 2130 |
Euro to Naira Exchange Rate
| Currency | Buying Rate (₦) | Selling Rate (₦) |
|---|---|---|
| EUR | 1740 | 1780 |
These rates are based on market trends observed from trusted currency exchange dealers and BDC operators across Nigeria.
Dollar to Naira Conversion Table – Black Market Rate
Below is a useful conversion table to help you calculate how much naira you will receive when exchanging different amounts of US dollars at the black market rate of ₦1585 per $1.
| USD Amount | Equivalent in NGN |
|---|---|
| 1 USD | ₦1585 |
| 5 USD | ₦7925 |
| 10 USD | ₦15,850 |
| 20 USD | ₦31,700 |
| 50 USD | ₦79,250 |
| 100 USD | ₦158,500 |
| 200 USD | ₦317,000 |
| 500 USD | ₦792,500 |
| 1000 USD | ₦1,585,000 |
This table is helpful for budgeting, online shopping, or forex trading purposes.
Summary
The dollar to naira black market rate today, April 18, 2025, is ₦1585 for buying and ₦1610 for selling.
Rates remain largely stable, though the naira continues to lose value in the long term.
Pounds and euros are also exchanged at high rates, showing general naira weakness across global currencies.
Currency conversion is crucial for financial planning and international transactions.
Disclaimer
The exchange rates provided here are sourced from black market currency dealers and are for informational purposes only. Rates can fluctuate based on location, demand, and time of day. Always confirm the latest rates before making any financial decisions.
