- Dollar To Naira Rate Today, December 18, 2025
- Black market and CBN rates show minimal movement
- FX watchers urge caution amid ongoing market pressures
The exchange rate between the United States dollar and the Nigerian naira remained largely stable across the official and parallel markets on Thursday, December 18, 2025, reflecting ongoing efforts by monetary authorities to manage foreign exchange volatility.
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EKO HOT BLOG reports that in the black market, also known as the parallel market, the naira maintained its recent range against the dollar, as demand for foreign currency stayed relatively steady. Traders cited improved liquidity and cautious buying activity as factors supporting the current rates.
The Central Bank of Nigeria official window also recorded minimal movement, with the naira trading within a narrow band. Market analysts note that while pressure remains on the local currency, tighter monitoring and regulated supply continue to influence official market stability.
Dollar to Naira exchange rates today are shown below
Dollar to Naira Black Market Rate Today
| Dollar to Naira (USD to NGN) | Black Market Exchange Rate Today |
|---|---|
| Selling Rate | ₦1487 |
| Buying Rate | ₦1480 |
Dollar to Naira CBN Rate Today
| Dollar to Naira (USD to NGN) | CBN Rate Today |
|---|---|
| Highest Rate | ₦1460 |
| Lowest Rate | ₦1453 |
Currency watchers advise individuals and businesses to monitor daily movements closely, especially those involved in imports, travel and international payments. The gap between the black market and official rates continues to shape pricing decisions and transaction planning.
As economic reforms progress, stakeholders remain hopeful that improved foreign exchange inflows and policy consistency will help strengthen the naira in the medium term.
