Ghanaian Cedi to Naira Black Market Rate Today
Live Ghanaian Cedi to Nigerian Naira exchange rate. Black market BDC rate cross-rated from USD and official rate from the Central Bank of Nigeria.
Price history
Parallel market sell rate · daily close
GHS/NGN Rate: Last 30 Days
Ghanaian Cedi to Naira black market rate: key facts
As of 4 May, 8:28 pm WAT, BDC operators are buying GHS at ₦123.16 and selling at ₦125.07. The spread (the difference between buy and sell) is ₦1.91 per GHS. The official CBN rate for GHS/NGN is ₦122.69.
How the GHS/NGN black market rate is calculated
Nigeria's informal FX market is anchored to the US dollar. To price GHS in naira, BDC operators take the USD/NGN parallel rate and apply the live GHS/USD global cross-rate. This rate updates every 30 minutes on AbokiFx.
Official CBN rate vs black market rate for GHS
The CBN publishes an official rate for GHS/NGN through the NAFEM window for regulated transactions. The black market rate is typically higher because official supply cannot meet demand. Today the gap between the two is approximately ₦2 per GHS.