Do you have 100 dollar you want to exchange and have the equivalent in Naira? Well the best option for you would be the black market rate or bureau de change also known as Aboki rate.

Aboki rate is way higher compared to normal bank rate. As of November 11th, 2023 the Black market rate of dollar to Naira is between ₦1,130 to  ₦1,135 at some BDE. When you convert ₦1,130 to naira you'd have the sum of ₦113,000 which is the official Bureau De Change rate.

What is dollar to naira today CBN rate?

When exchanging 100 dollars to naira, CBN rate is lower and it's the acceptable bank rate all over nigeria. When you exchange your 100 dollars in the bank, you'd get an estimated sum of ₦94,700.00. So it's best to use (BDC) or AbokiFX rate to convert your 100 dollars to naira.

Every week, the Naira to dollar rate tends to depreciate or appreciate. To get the value of your money, you'd need to find the nearest bureau de change (BDC).

Aboki as they are generally called are all over the country.  To know the official CBN rate of naira to dollar visit their website here. https://www.cbn.gov.ng/rates/exchratebycurrency.asp

Disclaimer: Please be aware that foreign exchange rates are subject to rapid changes, and the rates mentioned in this article are based on the information available as of November 11th, 2023.

Source: https://www.blazingonline.com.ng/100-dollars-to-naira-black-market-rate-today-best-exchange-rate/