US flag$1,000 to Naira Black Market Rate Today

At today's black market BDC buy rate of ₦1,380.33 per USD, $1,000 equals ₦1,380,330.00 at a Bureau de Change in Nigeria. Rates updated every 30 minutes.

Updated 4 May, 8:28 pm
US flag
$1,000 at Black Market Buy Rate
BDC · USD to NGN
Live
You receive (Buy)
₦1,380,330.00
You pay (Sell)
₦1,401,680.00
$1,000 at Official CBN Rate
NAFEM · USD to NGN
CBN
Buy
₦1,375,060.00
Sell
₦1,375,060.00
USD AmountBlack Market (Buy)Black Market (Sell)CBN Official
$400 ₦552,132.00 ₦560,672.00 ₦550,024.00
$500 ₦690,165.00 ₦700,840.00 ₦687,530.00
$600 ₦828,198.00 ₦841,008.00 ₦825,036.00
$750 ₦1,035,247.50 ₦1,051,260.00 ₦1,031,295.00
$1,000 ₦1,380,330.00 ₦1,401,680.00 ₦1,375,060.00
$1,250 ₦1,725,412.50 ₦1,752,100.00 ₦1,718,825.00
$1,500 ₦2,070,495.00 ₦2,102,520.00 ₦2,062,590.00
$2,000 ₦2,760,660.00 ₦2,803,360.00 ₦2,750,120.00
$2,500 ₦3,450,825.00 ₦3,504,200.00 ₦3,437,650.00

How to convert $1,000 to naira in Nigeria

To exchange $1,000 at a Bureau de Change in Nigeria today, you should receive approximately ₦1,380,330.00 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 $1,000, 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 $1,000 exchange, that difference could be as much as ₦20,000.

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 news

Related conversions

$1 to naira $5 to naira $10 to naira $20 to naira $50 to naira $100 to naira $200 to naira $500 to naira $5,000 to naira $10,000 to naira