Naira Black Market Rates

We show you the naira black market rates and CBN official rates for Dollar, Euro and Pound black market rates.

Time	USD Buy/Sell	GBP Buy/Sell	EUR Buy/Sell
10:30PM	₦914.00 / 921.30	₦1158.00 / 1171.60	₦980.00 / 994.00
8:00PM	₦914.00 / 921.30	₦1158.00 / 1171.60	₦980.00 / 994.00
6:00PM	₦914.00 / 921.47	₦1158.00 / 1172.10	₦980.00 / 994.00

What is the Buy Rate?

The buy rate, also known as the "bid rate," is the exchange rate at which banks and authorized dealers purchase foreign currency from you in Nigeria. It represents the amount of Nigerian Naira you will receive in exchange for one unit of foreign currency, such as US Dollars, Euros, or other currencies.

What is the Sell Rate?

The sell rate, also known as the "ask rate," is the exchange rate at which banks and authorized dealers sell foreign currency to customers in Nigeria. It denotes the amount of foreign currency you will receive in exchange for one unit of the local currency (Nigerian Naira).

CBN Exchange Rates Today

Currency	Buy Rate (₦)	Sell Rate (₦)	Date	Time

Disclaimer: Please note that the exchange rates provided on our platform are sourced from multiple websites across the web and calculated using advanced technologies such as AI. We do not input any rates ourselves and therefore cannot guarantee their accuracy. We recommend using our exchange rates for informational purposes only and advise you to consult with a qualified professional before making any financial decisions.