Dollar to Naira Exchange Rate Today, December 24, 2025: What ₦1,460 Means for Nigerians
As Christmas approaches and financial decisions become more urgent, Nigerians are once again keeping a close eye on the Dollar to Naira exchange rate. From importers and students to online workers and travelers, the value of the naira against the US dollar continues to shape everyday choices.
Dollar to Naira Rate Today (December 24, 2025)
On Wednesday, December 24, 2025, the naira remains under pressure but relatively stable compared to recent weeks.
- Official / mid-market rate: ₦1,450 – ₦1,460 per $1
- Parallel (black market) rate: ₦1,480 – ₦1,490 per $1
The slight gap between official and street rates reflects ongoing demand for foreign currency, especially during the festive season when imports, travel, and online payments increase.
Why the Naira Is Holding This Level
The naira’s performance today is shaped by several key factors:
- Increased dollar demand ahead of Christmas and year-end expenses
- CBN market reforms aimed at stabilizing supply and transparency
- Diaspora inflows, which often rise in December
- Import activities by businesses stocking for the new year
While volatility has reduced compared to earlier in 2025, the naira has not yet fully recovered, keeping exchange rates high.
What This Means for Nigerians
For everyday Nigerians, today’s exchange rate carries real impact:
- Online earners and freelancers benefit when converting dollars to naira
- Importers and businesses face higher costs for goods and services
- Students and travelers abroad spend more to access foreign currency
Consumers may see higher prices for imported products after the holidays
In simple terms, a dollar worth around ₦1,460 means foreign expenses remain expensive, while dollar income remains valuable.
Outlook: Will the Dollar Go Up or Down?
Currency analysts expect the naira to remain within this range in the short term unless there is:
- A major boost in foreign inflows
- Stronger export earnings
- Or a significant policy shift from financial authorities
As 2026 approaches, market watchers believe stability — not sharp recovery — is the more likely scenario.
Final Thoughts
The Dollar to Naira exchange rate today, December 24, 2025, tells a familiar story: cautious stability mixed with ongoing pressure. Whether you are exchanging money, planning payments, or tracking the economy, staying informed remains your best financial advantage.
