Dollar to Naira Exchange Rate Today Wednesday December 31, 2025

• Dollar to Naira Exchange Rate Today Wednesday December 31, 2025

• Parallel market dollar selling near ₦1,490.

• Naira showed relative stability at year’s end.

Here is the latest dollar to naira exchange overview for today, Wednesday December 31, 2025, reflecting movements across both official and parallel markets:

*Rates represent typical market transactions quoted by foreign exchange traders and parallel market operators in key cities across Nigeria. Actual prices may vary slightly by location and deal size.

Market Summary

The Nigerian naira continued to trade with relative stability against the US dollar at the close of 2025. On the official market, the dollar exchanged around ₦1,460 to ₦1,465, reflecting a tight range in the foreign exchange window in the last trading sessions of the year.

In the parallel or black market, where most small-scale and retail currency transactions occur, the dollar was quoted at approximately ₦1,475 for buying and ₦1,490 for selling, based on recent dealer data. These rates highlight the persistent gap between official and informal markets, influenced by supply and demand dynamics and foreign exchange liquidity conditions.

The naira’s performance this year showed relative resilience compared with earlier periods in 2025, when rates ranged widely due to shifts in policy, FX reforms and global economic pressures. Over the past week, the official rate fluctuated modestly between about ₦1,454 and ₦1,465 per dollar, indicating limited volatility ahead of year end.

Analysts say the market will likely remain sensitive to fiscal and monetary policy announcements, oil revenue flows and demand for foreign currency in the coming months.

FURTHER READING

• 2027: ‘Take Us to APC’ Kano Supporters Tell Kwankwaso
• From Barefoot Almajiri To Graduate How Kindness Transformed Ahmad Isa’s Life
• $570,000 Blood Money Paid as NiDCOM Seeks Freedom for Nigerian in Saudi Prison