- Dollar to Naira Exchange Rate Today, November 1, 2025
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CBN official rate averages between ₦1432 and ₦1448.
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Rates differ by market location and transaction volume.
The Dollar to Naira exchange rate in the black market, also known as the parallel market (Aboki FX), remains stable compared to the previous day’s trading figures.
As of Saturday, November 1, 2025, Bureau De Change (BDC) operators in Lagos quoted the dollar at ₦1472 per $1 for selling and ₦1453 per $1 for buying, according to reports gathered from key market dealers.
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EKO HOT BLOG reports that Market analysts note that despite minor fluctuations in recent weeks, the naira has shown signs of steadiness, largely due to increased interventions by the Central Bank of Nigeria (CBN) and growing inflows from diaspora remittances.
However, it is important to note that the CBN does not recognize the black market as a legitimate source for foreign exchange transactions. The apex bank has advised individuals seeking forex to approach authorized financial institutions for official rates.
Below are the current exchange rates for both the black market and CBN rates as of today:
Dollar to Naira Black Market Rate Today
| Dollar to Naira (USD to NGN) | Black Market Exchange Rate Today |
|---|---|
| Selling Rate | ₦1472 |
| Buying Rate | ₦1453 |
Dollar to Naira CBN Rate Today
| Dollar to Naira (USD to NGN) | CBN Rate Today |
|---|---|
| Highest Rate | ₦1448 |
| Lowest Rate | ₦1432 |
Please note that rates may vary depending on location, demand, and dealer discretion.
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