- Dollar to Naira Rate Today – December 26, 2025
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Black market rate remains higher near upper ₦1,400s
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Year‑end demand continues to influence naira performance
Here is the verified exchange rate for the US dollar to the Nigerian naira as of Friday, December 26, 2025, based on the most recent market data from official and black market sources:
Exchange Rate Table — December 26, 2025
| Market | Buying (₦) | Selling (₦) |
|---|---|---|
| Official (CBN/NFEM) | ~1,445 | ~1,453 |
| Parallel (Black Market/Aboki) | ~1,485 | ~1,500 |
Sources: Official data from the Nigerian Foreign Exchange Market and verified black market tracking platforms show that the naira continues to trade with a noticeable gap between official and parallel rates. Official rates hovered around the low‑to‑mid 1,400s, while black market rates remained elevated in the upper 1,400s.
Official Market Updates
On December 23, the naira firmed slightly in the official market, trading at around ₦1,449.99 per dollar — an improvement on previous sessions and indicating modest stability in the formal FX window.
Parallel (Black Market) Trends
In the unregulated parallel market, the US dollar was exchanging for approximately ₦1,485 to ₦1,500 per dollar as traders responded to demand pressures typical at year‑end.
What This Means for Nigerians
The ongoing gap between official and black market rates highlights continued divide in supply and demand for foreign exchange in Nigeria.
Black market rate remains higher near upper ₦1,400s
The official rate benefits from central bank inflows and interventions, while the parallel market reflects real‑time cash demand and trader negotiations. The difference affects everyday transactions like dollar transfers, import costs, travel expenses, and remittances.
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