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Dollar To Naira Exchange Rate Today, October 11, 2025.
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CBN rate stands between ₦1445 and ₦1462 per dollar.
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Rates vary across locations due to demand and supply factors.
The exchange rate between the dollar and naira continues to attract attention as Nigerians monitor market fluctuations amid ongoing economic challenges.
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EKO HOT BLOG reports that at the Lagos Parallel Market, also known as the black market (Aboki fx), currency traders on Friday, October 10, 2025, bought the dollar at ₦1485 and sold at ₦1500, according to data obtained from Bureau De Change (BDC) operators.
However, it is important to note that the Central Bank of Nigeria (CBN) does not recognise the parallel market. The apex bank advises individuals and businesses to carry out all foreign exchange transactions through authorised financial institutions.
Below is a summary of today’s exchange rates across markets:
| Dollar to Naira (USD to NGN) | Exchange Market | Buying Rate | Selling Rate |
|---|---|---|---|
| Black Market (Aboki fx) | Parallel Market | ₦1485 | ₦1500 |
| CBN Official Rate | CBN Window | ₦1445 | ₦1462 |
Traders noted that the demand for foreign exchange remains high, driven by importers and travellers, keeping the naira under continued pressure.
Meanwhile, analysts predict that the naira’s performance in coming weeks will depend largely on foreign reserve levels, oil revenue inflows, and government monetary policies.
Please note that exchange rates vary by location and may differ from those quoted here.
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