Dollar To Naira Exchange Rate Today, April 17th, 2026

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The exchange rate between the US Dollar and the Nigerian Naira at the parallel market, popularly known as the black market (Aboki FX), has been revealed for Thursday, April 16, 2026.

According to sources from Bureau De Change (BDC) operators in Lagos, the Dollar is currently being sold at ₦1400 and bought at ₦1390 in the black market.

Black Market Dollar to Naira Rate (April 16, 2026)

• Selling Rate: ₦1400
• Buying Rate: ₦1390

Meanwhile, official rates from the Central Bank of Nigeria (CBN) show a lower range compared to the parallel market.

CBN Official Dollar to Naira Rate

• Highest Rate: ₦1344
• Lowest Rate: ₦1340

The CBN has consistently maintained that it does not recognize the black market and has advised individuals seeking foreign exchange transactions to go through authorized financial institutions.

It is important to note that foreign exchange rates may vary depending on location, demand, and volume of transactions, meaning the actual rate at which individuals buy or sell may differ slightly from the figures stated above.