- Dollar To Naira Exchange Rate For 19 November 2025 – Official Rate.
- Parallel market rate hovered around ₦1,460-₦1,465 per dollar on same date.
- Naira shows relative stability but remains exposed to external pressures.
On 19 November 2025, the dollar‐naira rate held steady in official channels, while the parallel market showed modest activity, signalling relative calm in Nigeria’s foreign exchange landscape.
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EKO HOT BLOG reports that recent conversion tools, $1 USD traded for approximately ₦1,456 in the official mid-market window.
| Market Type | Rate (approx.) |
|---|---|
| Official Market | ₦1,456 per $1 USD |
| Parallel (Black) Market | ₦1,460-₦1,465 per $1 USD |
The spread between the official and parallel markets remains narrow, suggesting improved FX supply and market discipline compared with earlier periods. For importers, exporters and remitters, this means a relatively predictable conversion benchmark for budgeting and transactions. However, the slight premium in the parallel market still points to residual demand pressures outside formal windows.
Going forward, while inflation in Nigeria continues to moderate and foreign reserves show signs of stabilising, external risks — such as oil-price volatility, capital outflows and global interest-rate trends remain relevant to the naira’s outlook.
Businesses and individuals should keep an eye on the official-versus-parallel market spread and any policy shifts from the Central Bank of Nigeria that may affect liquidity and FX access.
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