$1 to Naira Black Market Rate Today
At today's black market BDC buy rate of ₦1,380.33 per USD, $1 equals ₦1,380.33 at a Bureau de Change in Nigeria. Rates updated every 30 minutes.
How to convert $1 to naira in Nigeria
To exchange $1 at a Bureau de Change in Nigeria today, you should receive approximately ₦1,380.33 at the black market buy rate. The exact amount depends on your BDC operator, your location, and the condition of your notes.
Crisp bills vs worn notes
For a transaction of $1, the condition of your dollar bills matters. Post-2009 Federal Reserve notes fetch ₦10 to ₦20 more per dollar than worn or older-series bills. On a $1 exchange, that difference could be as much as ₦20.
Where to get the best dollar rate
High-volume BDC clusters in Lagos Island, Ikeja, and Wuse Zone 4 in Abuja typically quote rates closest to this page. For amounts above $500, call ahead to confirm the rate before travelling to the BDC.
Market News
All newsTechloy Convenes Industry Leaders to Debate Ai's Impact on Nigerian Job Market
Techloy hosted a panel discussion examining whether artificial intelligence will displace workers or enhance p…
Nigerian Stock Market Surges to N156 Trillion as All-share Index Rallies 883 Points in May Opening
The Nigerian equities market opened May on a bullish note, with the All-Share Index climbing 883.71 points to …
Oil Surges Past $80 as Middle East Tensions Spike, Boosting Nigeria's Export Revenue Outlook
Crude prices jumped sharply as geopolitical tensions in the Strait of Hormuz intensified, raising prospects fo…
Plateau State Launches Airport Upgrade Drive to Unlock Agro-export Potential and Ease Logistics Bottleneck
Plateau State has inaugurated a committee to upgrade Yakubu Gowon Airport, signaling intent to reduce agricult…
Nnpc Partners Chinese Firms to Revive Warri, Port Harcourt Refineries in Domestic Fuel Push
The Nigerian National Petroleum Company Limited has inked memoranda of understanding with two Chinese companie…