Dollar to Naira Black Market Exchange Rate Today, 14th August 2025

The latest update on the Dollar to Naira exchange rate in the black market, also known as the Aboki FX rate, for Thursday, 14th August 2025, is provided by NewsOnline Nigeria. The article highlights the verified parallel market rate as well as the official CBN dollar rate.

According to Bureau De Change (BDC) sources, the black market rate opened with a specific buying and selling rate per 1 dollar. It is noted that the black market rate is typically higher than the official CBN rate and fluctuates throughout the day due to high volatility in the forex market.

Factors such as foreign exchange scarcity, market speculation, demand, political and economic conditions in Nigeria, and global oil price trends can influence the fluctuation in the black market rate. The article emphasizes the importance of dealing with reputable and verified BDC operators, confirming rates before exchanging, avoiding large transactions without due diligence, and keeping written receipts for record-keeping.

The Central Bank of Nigeria (CBN.