The black market exchange rate for the US dollar against the Nigerian naira today, May 12, 2024, is as follows:
Buying Rate: N1455 per $1
Selling Rate: N1470 per $1
Notes:
* These rates are subject to variation based on transaction type (cash or transfer) and the availability of physical cash.
* The black market exchange rate is not recognized by the Central Bank of Nigeria (CBN).
* The CBN advises individuals seeking foreign exchange to approach their banks or authorized dealers.