Unofficial USD to NGN Exchange Rate for the 30th of August, 2025
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The Central Bank of Nigeria (CBN) has set the official buying and selling rates for one US dollar today, August 29, 2025. The buying rate stands at ₦1525, while the selling rate is ₦1534.
However, it's important to note that the CBN does not recognise the parallel market, often referred to as the black market. The rates on the black market may vary from the official rates.
On Friday, August 29, 2025, the exchange rates at the Lagos Parallel Market (Black Market) were as follows: - Players were selling a dollar for ₦1522. - Players were buying a dollar for ₦1545.
These exchange rates were sourced from Bureau De Change on the same day. It's worth mentioning that the rates on the black market may differ from the rates at which you buy or sell forex.
In addition to today's rates, this article also discusses the exchange rates for the previous days: - August 28, 2025: The selling rate was ₦1522, and the buying rate was ₦1545. - August 27, 2025: The selling rate was ₦1522, and the buying rate was ₦1545. - August 26, 2025: The selling rate was ₦1522, and the buying rate was ₦1545. - August 25, 2025: The selling rate was ₦1522, and the buying rate was ₦1545. - August 31, 2025: The selling rate and buying rate are yet to be determined.
Individuals who wish to engage in Forex are directed by the Central Bank of Nigeria (CBN) to approach their respective banks. It's always advisable to verify the exchange rates with multiple sources to ensure accuracy.
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