Dollar to Naira Exchange Rate – June 21, 2025

Last updated: Jun 21, 2025. 6:18 am

By Praise Ben

3 Min Read

Dollar To Naira Rate Today July 10

Dollar to Naira Exchange Rate – June 21, 2025.
CBN official rate ranges between ₦1545 and ₦1552 today.
CBN urges Nigerians to trade forex through licensed banks only.

The black market exchange rate between the US Dollar and the Nigerian Naira remains a key point of reference for currency traders and the general public despite the Central Bank of Nigeria’s (CBN) directives.

Contents

Black Market Exchange Rate (June 21, 2025)Official CBN Exchange Rate FURTHER READING

EDITOR’S PICKS

EKO HOT BLOG reports that as of Friday, June 20, 2025, the exchange rate at the Lagos parallel market, also known as the black market or Aboki FX, shows that the dollar is being bought at ₦1587 and sold at ₦1605, according to sources at the Bureau De Change (BDC).

Traders operating within the black market segment continue to influence exchange fluctuations as demand for foreign currency remains high, especially for international trade and personal remittances.

Meanwhile, at the official Central Bank of Nigeria (CBN) window, the dollar exchanged at a high of ₦1552 and a low of ₦1545, indicating a slightly more stable official rate compared to the volatile black market figures.

It is important to note that the CBN does not officially recognize the black market and urges all individuals and businesses seeking foreign exchange to do so through authorized financial institutions and commercial banks. Variations in daily rates often depend on location, demand, and prevailing market sentiment.