Dollar to Naira Exchange Rate Saturday, November 2, 2025

Dollar to Naira Exchange Rate Today, Saturday, November 2, 2025
CBN rate ranges between ₦1435 and ₦1448 per Dollar.
Forex demand may drive mild rate fluctuations ahead of December.

The exchange rate between the Dollar and Naira continues to attract public attention as both traders and consumers closely monitor fluctuations in the foreign exchange market.

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EKO HOT BLOG reports that as of today, Saturday, November 2, 2025, the Dollar to Naira rate at the black market, also known as the parallel market (Aboki FX), has shown slight movement compared to Friday’s trading rates. According to sources at the Lagos Bureau De Change (BDC), the U.S. Dollar is being sold at ₦1472 and bought at ₦1455 in the parallel market.

However, it is important to note that the Central Bank of Nigeria (CBN) does not recognize the black market as an official exchange platform. The CBN encourages individuals and businesses to conduct foreign exchange transactions through authorized financial institutions and official channels.

Below are today’s exchange rates:

Dollar to Naira Black Market Rate Today

Dollar to Naira (USD to NGN)	Black Market Exchange Rate Today
Selling Rate	₦1472
Buying Rate	₦1455

Dollar to Naira CBN Rate Today

Dollar to Naira (USD to NGN)	CBN Rate Today
Highest Rate	₦1448
Lowest Rate	₦1435

These figures show that while the black market rate remains higher than the official CBN rate, both markets are witnessing slight volatility driven by increased forex demand from importers and businesses ahead of the festive season.

Experts predict that the Naira may experience mild fluctuations in the coming weeks as Nigeria continues its efforts to stabilize foreign exchange inflows through oil revenue and foreign investments.