Dollar to Naira Rate Today, Sunday 28 December 2025

Dollar to Naira Black Market Rate Today, Sunday 28 December 2025
Official CBN rate remains lower than parallel market rate
Forex stability depends on liquidity and policy direction

The exchange rate between the United States dollar and the Nigerian naira remained relatively stable in the parallel market on Sunday, December 28, 2025, amid continued pressure on foreign exchange supply and sustained demand from importers and travellers.

EDITOR’S PICKS

EKO HOT BLOG reports that findings from currency traders across major cities indicate that the naira maintained its recent range against the dollar, reflecting cautious trading activity as the year draws to a close. Market operators say limited dollar inflow and persistent demand have continued to shape pricing in the black market.

At the official market, the Central Bank of Nigeria exchange window recorded a slightly lower rate compared to the parallel market, maintaining the gap that has persisted between both segments of the forex market.

The difference between the black market and official rates continues to influence pricing decisions for businesses, import dependent sectors and individuals sourcing foreign currency outside the banking system.

Below is a summary of the dollar to naira exchange rates for today.

Market	Buying Rate	Selling Rate
Black Market	₦1467	₦1475
CBN Official Rate	₦1435	₦1455

Currency dealers note that while the naira has avoided sharp depreciation in recent days, uncertainty remains as market participants await further policy signals and improved dollar liquidity.

Economic analysts say sustained stability will largely depend on increased foreign inflows, stronger export earnings and continued reforms in Nigeria’s foreign exchange management framework.

As Nigerians prepare for year end transactions and international obligations, the dollar to naira exchange rate is expected to remain sensitive to demand pressures and official market interventions in the coming days.