Dollar to Naira Rate For Today, June 15, 2025 (Black Market/Official Rate)

Last updated: Jun 15, 2025. 6:07 am

By Praise Ben

3 Min Read

Dollar to Naira Exchange Rate Today – 2nd July

Dollar to Naira Rate For Today, June 15 2025 (Black Market/Official Rate).
Official CBN rate stable at ₦1,534/$1.
Forex demand, supply gap widening market disparity.

The dollar to naira exchange rate on Saturday, June 15, 2025, recorded a slight dip at the official window, while remaining high in the parallel market.

EDITOR’S PICKS

EKO HOT BLOG reports that

Checks across Lagos and Abuja indicate that the U.S. dollar was sold at an average of ₦1,615 in the black market, with dealers buying at ₦1,610, marking a steady trend compared to rates observed earlier in the week.

Dollar to Naira Exchange Rate – June 15, 2025

Black Market Rate (Aboki FX, Lagos):

Buying: ₦1,610
Selling: ₦1,615

Central Bank of Nigeria (CBN) Official Rate:

Most recent closing rate was ₦1,534.00 per $1 on June 13
Expect today’s official rate to hover around the mid-₦1,530s.

At the official Nigerian Autonomous Foreign Exchange Market (NAFEM), the Central Bank of Nigeria (CBN) quoted the naira at ₦1,534/$1 as of the last trading session on Friday, June 14. The rate remains stable amid modest intervention by the apex bank to support liquidity.

Market analysts attribute the consistent spread between official and black-market rates to rising demand for foreign currency, low inflows, and limited access to FX for importers and travellers. Despite ongoing reforms by the Tinubu administration, forex scarcity continues to pressure the naira across all market segments.

Meanwhile, sources at the Bureau De Change (BDC) segment hinted that unless FX supply improves in coming weeks, the black market rate may cross ₦1,630, especially as travel and school fee demands rise in the coming quarter.

For now, the exchange market remains unpredictable, with the CBN yet to implement full liberalisation or unify rates entirely. Citizens are advised to transact through official channels where possible to avoid volatility.