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Dollar to Naira Exchange Rate Today — Sunday, October 5, 2025.
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CBN official rate ranges between ₦1,446 and ₦1,472.
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Forex market remains volatile amid economic reforms and inflation.
The exchange rate between the United States Dollar (USD) and the Nigerian Naira (NGN) remains a major topic of concern as the naira continues to fluctuate in the parallel market. On Sunday, October 5, 2025, the black market (Aboki FX) rate showed minimal change compared to the previous day.
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EKO HOT BLOG reports that according to sources from Bureau De Change (BDC) operators in Lagos, the dollar is being sold at ₦1,470 and bought at ₦1,450 in the black market. This indicates that despite ongoing monetary measures by the Central Bank of Nigeria (CBN), the naira remains under pressure against the dollar.
It is important to note that the CBN does not officially recognize the parallel market, urging those seeking foreign exchange to approach their banks or authorized dealers for transactions.
In the official market, the CBN’s indicative rates show the dollar trading at a high of ₦1,472 and a low of ₦1,446. The slight variation in both the black market and official rates reflects continued volatility in the forex market, as Nigeria battles foreign exchange scarcity, rising import costs, and inflationary pressures.
Analysts believe the naira’s performance in the coming weeks will depend largely on oil revenue inflows, foreign reserves stability, and government reforms targeted at strengthening the local currency.
Dollar to Naira Exchange Rate Table — October 5, 2025
| Market Type | USD to NGN Rate | Remarks |
|---|---|---|
| Black Market (Parallel / Aboki FX) | Selling: ₦1,470 Buying: ₦1,450 |
Based on Lagos BDC market survey |
| CBN Official Rate | Highest: ₦1,472 Lowest: ₦1,446 |
Reflects Central Bank’s indicative range |
Please note that rates vary across locations and traders, and may differ slightly at the point of transaction.
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