Naira to Dollar official & black market rates today, Monday, December 15, 2025
The Naira Dollar rate showed little change on Monday, December 15, 2025, as Nigeria’s currency remained stable against the United States Dollar.
The Naira Dollar rate held firm in both the official and parallel markets, reflecting cautious trading and continued intervention by the Central Bank of Nigeria.
Official market shows slight movement
At the Nigerian Foreign Exchange Market, the Naira Dollar rate traded at ₦1,448.68 per Dollar during early trading on Monday.
This represented a marginal 0.27 per cent change from the previous close of ₦1,452.57 recorded late last week.
The Naira Dollar rate stayed close to the ₦1,450 level as official market activity remained limited.
Traders said the Central Bank continued measures aimed at calming volatility and supporting the local currency.
Parallel market mirrors official rate
In the parallel market, the Naira Dollar rate exchanged at about ₦1,449.56 per Dollar.
This left a difference of less than ₦1 between both markets, showing further convergence in the Naira Dollar rate.
Analysts said improved liquidity control helped narrow the long-standing gap between official and street rates.
They added that regulations are pushing more foreign exchange trades into the formal system.
Outlook shaped by key economic factors
Recent trading shows the Naira Dollar rate moving within a narrow band over the past week.
The rate fluctuated between about ₦1,459 and ₦1,447 at the official window.
Several factors are influencing the Naira Dollar rate this December.
The Monetary Policy Rate remains high at 27 per cent, aimed at curbing inflation and attracting foreign funds.
Global oil prices still affect Nigeria’s Dollar earnings, given reliance on crude exports.
Rising year-end demand for foreign exchange could test current stability in coming days.
Market watchers expect the Naira Dollar rate to depend largely on liquidity levels and ongoing central bank actions.
