Naira to Dollar exchange rate today, Friday, December 12, 2025
The Nigerian Naira recorded a mixed performance against the US Dollar on Friday, December 12, 2025, as trading patterns differed across the country’s key foreign exchange windows.
While the official market maintained a narrow trading range, the parallel market posted a slight improvement, easing the premium between both markets.
Official Window Holds Steady
Early data from the Nigerian Foreign Exchange Market (NFEM), including the Investors’ and Exporters’ (I&E) Window, showed a mild shift in the benchmark rate compared with Thursday’s close.
The Naira ended the day at ₦1,449.38 per US Dollar, reflecting continued caution among market players.
Official Market Movement
Highest Intraday Rate: ₦1,452.50
Lowest Intraday Rate: ₦1,449.38
The tight trading band highlights the Central Bank of Nigeria’s liquidity management efforts, which aim to improve supply conditions and support import-dependent sectors.
Parallel Market Records Mild Gain
In the parallel market, often used for cash-based and informal transactions, the Naira appreciated slightly.
Rates traded within ₦1,475 (buying) and ₦1,485 (selling), narrowing the gap with the official market to between ₦25.62 and ₦35.62. This follows a small recovery from the earlier rate of ₦1,490 posted earlier in the week.
Drivers Influencing Today’s Rates
Crude Oil Prices: Stable global oil prices continue to support Nigeria’s reserves and enhance the CBN’s capacity to intervene in the market.
Diaspora Remittances: The festive season is prompting higher remittance inflows, improving liquidity, particularly in the parallel market.
Monetary Policy Outlook: Analysts expect the CBN to sustain its tight interest-rate stance to curb inflation and attract foreign portfolio inflows.
