Dollar to Naira Exchange Rate Today —November 25, 2025
The Nigerian naira continued to face pressure on Tuesday, November 25, 2025, as both the official and parallel market exchange rates showed mild volatility across trading sessions.
Official Market (CBN / NAFEM Window)
- At the official Nigerian Autonomous Foreign Exchange Market (NAFEM), the dollar traded at an average of ₦1,456 per $1.
- The rate remained relatively stable compared to previous sessions, supported by moderate liquidity in the market.
Parallel Market (Black Market)
In the street/parallel market, traders bought the dollar at around ₦1,455 and sold between ₦1,460 and ₦1,465 per $1.
This slight spread between official and parallel market rates indicates persistent demand for the U.S. dollar among importers, travelers, and online business owners.
Market Factors Today
- Limited dollar inflows have continued to shape market sentiment.
- Demand pressure from traders and businesses keeps the parallel market slightly elevated.
- Market analysts say the rate stability at the official window is helping to narrow the gap between the two markets.
What This Means for Nigerians
- For online earners (AdSense, freelancing, affiliate marketing): A higher dollar rate means payouts converted to naira will yield more income.
- For importers and buyers of foreign goods: Costs may remain high due to premium rates in the parallel market.
- For those sending or receiving remittances: Choosing the best exchange channel can significantly affect value received.
