Dollar to naira today
Today's dollar to naira rate at the parallel market (also known as the aboki rate or black market rate) is loading. This is the rate Nigerians actually pay when buying dollars from a bureau de change (BDC), and it's typically 1–10% above the official CBN rate.
What's the aboki rate?
The aboki rate is the parallel-market exchange rate quoted by street-level money changers in Nigeria. It's the most common rate Nigerians transact at, and the biggest determinant of import prices, tuition payments, and remittance receiving value. It moves multiple times per day in volatile markets.
How to send money to Nigeria
The cheapest way to send dollars, pounds or euros to Nigeria right now is via digital remittance apps — Wise, LemFi, Sendwave, Afriex, TapTap Send. They give you an effective rate close to the parallel rate, with low or zero fees. Compare them here.