- Dollar-to-Naira Rate Today, 25 November 2025 – Official/ Black Market
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Black market rates stayed higher as forex pressure persisted nationwide.
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Businesses and travellers continue to face rising costs due to dollar scarcity.
The Nigerian naira is holding steady against the US dollar, showing only modest movement in the official foreign exchange market.
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EKO HOT BLOG reports that analysts suggest the currency’s relative stability reflects ongoing interventions by the Central Bank of Nigeria (CBN) even as pressures from global dollar strength and domestic external-reserve constraints persist.
Here’s the latest rate snapshot:
| Date | Rate (USD → NGN) | Source |
|---|---|---|
| 25 Nov 2025 | ₦1,454 per $1 | Mid-market average (official) |
It is important to note that while the mid-market rate hovers around ₦1,454 per dollar, actual rates in the parallel (black) market may differ significantly. Reports from 24 November showed aboki-exchange rates at about ₦1,470 per dollar for sellers and ₦1,458 for buyers.
For individuals, businesses and travellers, this means that dollar-denominated costs such as imports, international tuition, travel and remittances remain high. Importers and small businesses face a squeeze as they contend with elevated forex costs and tighter margins.
Meanwhile, remittances may not yield the same purchasing power as in prior years. Currency watchers warn that with global volatility and domestic policy constraints, the naira remains vulnerable to shocks.
Looking ahead, market participants will watch closely the CBN’s interventions, foreign-reserve levels, oil-revenue flows and inflation trends. Any sign of reduced intervention or further reserve pressures could prompt renewed depreciation risk. For now, ₦1,454 per dollar serves as today’s benchmark for official dealings.
