- Dollar to Naira Exchange Rate Today, Sunday 14th December 2025
- CBN official rate stands between ₦1453 and ₦1458
- Forex pressure persists amid high dollar demand
The Dollar to Naira exchange rate on Sunday, December 14, 2025, continues to reflect the pressure on Nigeria’s foreign exchange market, with noticeable differences between the official and black market rates.
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EKO HOT BLOG reports that in the parallel market, commonly referred to as the black market, the naira traded weaker against the United States dollar as demand for foreign currency remained high among businesses, importers, and individuals seeking dollar liquidity outside official channels.
Traders in major exchange hubs confirmed the following rates for today.
Dollar to Naira Exchange Rates Today
| Market | Buying Rate | Selling Rate |
|---|---|---|
| Black Market | ₦1475 | ₦1482 |
| CBN Official Rate | ₦1453 | ₦1458 |
At the official window, the Central Bank of Nigeria recorded a slightly stronger naira, reflecting continued interventions and regulatory controls aimed at stabilising the currency. The official rates, however, remain largely inaccessible to many Nigerians, sustaining reliance on the black market.
Currency analysts say the persistent gap between the official and parallel market rates highlights ongoing challenges in forex supply, including limited dollar inflows, import dependence, and speculative demand.
They note that market movements in the coming days will depend on external reserves position, crude oil earnings, and the CBN’s policy direction regarding liquidity management and foreign exchange allocation.
As always, Nigerians are advised to note that foreign exchange rates vary by location and dealer, and prices may change within hours depending on market demand and availability.
