Bitcoin to Naira Today — BTC to NGN Price 2 November 2026
Rates updated
How Much is 1 Bitcoin in Naira Today?
Bitcoin Price (USD)
$77,546
Bitcoin Price (NGN)
₦107,168,572
BTC/NGN = BTC/USD ($77,546) × USD/NGN (₦1,382) black market rate
Today, 1 Bitcoin (BTC) = ₦107,168,572 Naira. This price is calculated by multiplying the current Bitcoin price in USD ($77,546) by the current dollar to naira black market rate (₦1,382). Both rates are updated on Aboki Forex throughout the day.
Why Does Bitcoin Price in Naira Change So Fast?
The BTC/NGN price changes based on two moving parts: the Bitcoin price in USD (which can swing 5–10% in a single day) and the dollar to naira exchange rate. When the naira weakens against the dollar, Bitcoin in Naira goes up even if BTC/USD stays flat. This double exposure means Nigerian investors need to track both rates — which is why Aboki Forex shows both the BTC/USD price and the current USD/NGN black market rate.
Bitcoin in Nigeria
Nigeria is one of the top countries globally for Bitcoin adoption. Nigerians use Bitcoin for:
- Store of value: Holding BTC as a hedge against naira devaluation.
- P2P trading: Buying and selling BTC on Binance P2P, Bybit P2P, and Paxful at near black market rates.
- International payments: Paying for overseas services and business transactions.
- Investment: Long-term BTC holding as an alternative investment.
- Remittances: Nigerians in the diaspora sending Bitcoin home for conversion to Naira.
Black Market Rates
BUY
₦ 1382
DOLLAR (USD)
SELL
₦ 1390
BUY
₦ 1510
EURO (EUR)
SELL
₦ 1525
BUY
₦ 970
DOLLAR (CAD)
SELL
₦ 1000
BUY
₦ 65
RAND (ZAR)
SELL
₦ 80
BUY
₦ 350
DIRHAM (AED)
SELL
₦ 370
BUY
₦ 190
YUAN (CNY)
SELL
₦ 210
BUY
₦ 100
G.CEDI (GHS)
SELL
₦ 115
BUY
₦ 2300
CFA F.(XOF)
SELL
₦ 2350
BUY
₦ 2200
CFA F.(XAF)
SELL
₦ 2250
BUY
₦ 850
AUSSIE (AUD)
SELL
₦ 1000
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Bitcoin to Naira Conversion Table — 2 November 2026
Based on BTC/USD: $77,546 and USD/NGN: ₦1,382
| Bitcoin (BTC) | Value in Naira (NGN) | Value in USD |
|---|---|---|
| 0.001 BTC | ₦107,169 | $78 |
| 0.005 BTC | ₦535,843 | $388 |
| 0.01 BTC | ₦1,071,686 | $775 |
| 0.05 BTC | ₦5,358,429 | $3,877 |
| 0.1 BTC | ₦10,716,857 | $7,755 |
| 0.25 BTC | ₦26,792,143 | $19,387 |
| 0.5 BTC | ₦53,584,286 | $38,773 |
| 1 BTC | ₦107,168,572 | $77,546 |
| 2 BTC | ₦214,337,144 | $155,092 |
| 5 BTC | ₦535,842,860 | $387,730 |
| 10 BTC | ₦1,071,685,720 | $775,460 |
Naira to Bitcoin Conversion Table
| Amount in Naira (NGN) | Value in Bitcoin (BTC) |
|---|---|
| ₦100,000 Naira | 0.00093311 BTC |
| ₦500,000 Naira | 0.00466555 BTC |
| ₦1,000,000 Naira | 0.00933109 BTC |
| ₦5,000,000 Naira | 0.04665547 BTC |
| ₦10,000,000 Naira | 0.09331094 BTC |
| ₦50,000,000 Naira | 0.46655469 BTC |
| ₦100,000,000 Naira | 0.93310938 BTC |
How to Buy Bitcoin in Nigeria
- Create an account on a P2P platform: Binance, Bybit, or KuCoin.
- Complete your KYC (BVN + government ID).
- Go to the P2P section → Buy BTC.
- Choose a verified merchant with a high completion rate.
- Pay Naira via bank transfer to the seller.
- Bitcoin is released from escrow to your wallet after payment confirmation.
Before buying, check the Bitcoin to Naira rate on this page to know what a fair market price looks like.
Related Crypto Rates
- USDT to Naira Rate — Tether stablecoin (1 USDT = 1 USD)
- Ethereum to Naira Rate — ETH/NGN price today
- Dollar to Naira Black Market Rate
Does Aboki Forex Trade (Exchange) Currencies?
No, we do not trade any currency pair. Aboki Forex is purely an information platform that provides real-time black market and official CBN exchange rates. To exchange currency, contact a licensed Bureau de Change (BDC), your bank, or a trusted local forex dealer.
Is AbokiFx the same as Aboki Forex?
No, Aboki Forex (abokiforex.app) and AbokiFx are two separate and unaffiliated platforms. We are not connected to AbokiFx in any way. Aboki Forex provides live black market and CBN exchange rates for all major currencies versus the Nigerian Naira.
How can I Exchange Currency in Nigeria?
To exchange foreign currency in Nigeria, you have several options: (1) Visit a licensed Bureau de Change (BDC) — these are regulated by the CBN and found in major cities. (2) Use your commercial bank — they offer official CBN rates for account holders. (3) Use a trusted local forex market dealer — these operate in parallel/black market and typically offer higher rates than banks. Always verify the current rate on Aboki Forex before exchanging to ensure you get a fair deal.
Are the Black Market Rates accurate in all Markets?
Aboki Forex provides average black market rates collected from multiple dealers across major Nigerian cities including Lagos, Abuja, Kano, and Port Harcourt. Because the parallel market is unregulated, actual rates vary by location, dealer, and transaction size. The rates on Aboki Forex are a reliable benchmark, but always confirm the exact rate with your dealer before completing any transaction.
What is the difference between CBN, I&E and Black Market Rates?
The CBN (Central Bank of Nigeria) rate is the official government exchange rate used by commercial banks and regulated financial institutions. The I&E (Investors and Exporters) window was a market-based rate that has now been merged with the official CBN rate following Nigeria's forex unification policy. The Black Market rate (also called the parallel market or street rate) is typically higher than the official rate and reflects actual supply and demand dynamics for foreign currency in Nigeria outside the regulated banking system.
How often are the exchange rates updated on Aboki Forex?
Black market exchange rates on Aboki Forex are updated every hour throughout the trading day. The rates reflect real-time data collected from parallel market dealers across Nigeria. CBN official rates are updated daily, typically after the Central Bank of Nigeria publishes its official rates each business day.
What is the best way to send money from the USA to Nigeria?
The best way to send money from the USA to Nigeria depends on the amount: Sendwave charges zero fees for everyday transfers, Wise gives the best exchange rate on larger amounts, and USDT P2P delivers naira closest to the black market rate. Note that Zelle, Cash App, and Venmo cannot send money to Nigeria. See our full guide on how to send money from the USA to Nigeria, and check the live dollar to naira black market rate before you send.
Why is the black market dollar to naira rate higher than the official CBN rate?
The black market dollar to naira rate is higher than the official CBN rate because of the gap between foreign currency supply and demand in Nigeria. The Central Bank of Nigeria controls access to dollars at the official rate, limiting who can buy forex through official channels. Businesses and individuals who cannot access dollars through banks must turn to the parallel market, where higher demand relative to supply drives up the exchange rate.