The Dollar to Naira exchange rate today in the black market has been updated by Okay.ng with data gathered from currency traders in Lagos and other major market locations in Nigeria.
As of today, the United States Dollar (USD) is buying at ₦1,530.00 and selling at ₦1,540.00 in the parallel market, also known as the black market.
For the British Pound Sterling (GBP), traders are buying at ₦2,080.00 and selling at ₦2,120.00. The Euro (EUR) is trading at ₦1,760.00 for buying and ₦1,795.00 for selling.
Traders told Okay.ng that forex demand is steady, largely driven by import payments, tuition fees for students abroad, and international travel expenses. They also cautioned that black market rates can shift multiple times a day, depending on forex availability and market speculation.
For those tracking the official CBN dollar to naira rate today, the Central Bank of Nigeria continues to post its figures on the Investors’ and Exporters’ (I&E) window, which are generally lower than the parallel market rates. Okay.ng reports that the apex bank has maintained its call for Nigerians to use only authorised channels for foreign currency transactions.
Black Market Exchange Rates – Wednesday, 3 September, 2025
USD: Buying – ₦1,530.00 | Selling – ₦1,540.00
GBP: Buying – ₦2,080.00 | Selling – ₦2,120.00
EUR: Buying – ₦1,760.00 | Selling – ₦1,795.00
100 Dollars to Naira in Black Market Today
At today’s black market rate of ₦1,540.00, 100 US dollars equals ₦154,000.
Conversion Table (Black Market Rates)
| Amount (Currency) | USD (₦1,540) | GBP (₦2,120) | EUR (₦1,795) |
|---|---|---|---|
| 1 Unit | ₦1,540 | ₦2,120 | ₦1,795 |
| 5 Units | ₦7,700 | ₦10,600 | ₦8,975 |
| 10 Units | ₦15,400 | ₦21,200 | ₦17,950 |
| 50 Units | ₦77,000 | ₦106,000 | ₦89,750 |
| 100 Units | ₦154,000 | ₦212,000 | ₦179,500 |
Disclaimer: Okay.ng does not set or determine exchange rates. The rates provided are based on information from parallel market traders and may vary depending on location and negotiation.
