Naira to Dollar rate today, Friday, November 28, as naira records slight recovery
The Nigerian naira exchange rate against the US dollar continued its slight recovery on Friday, 28 November 2025, as both official and parallel markets reacted to recent improvements in liquidity.
Traders observed calmer movement compared with earlier sessions, with the local currency showing mild strength across key trading windows.
Official Market Rate Shows Mild Stability
Fresh figures from the Nigerian Foreign Exchange Market (NFEM) reveal that the naira traded around ₦1,444.38 to one dollar.
This marks a small improvement from earlier levels near the ₦1,450 zone recorded at the start of the week.
Market trackers say the currency has regained some ground from Monday’s high point of ₦1,472.26, signalling a short period of stability.
Parallel Market Narrowly Trails Official Window
In the parallel market, the naira traded close to the official range, with dealers quoting an average of ₦1,457.11 to the dollar.
The margin between both markets remains narrow, which traders link to stronger liquidity management in the official window.
Analysts say this tight spread reflects improved confidence among market participants.
Weekly Performance Highlights
The naira exchange rate experienced mixed swings throughout the week of 24 to 28 November.
The currency reached a weekly high of ₦1,472.26 on Monday and touched a low of ₦1,441.00 during Tuesday’s close.
Current movement shows the naira firming by about 0.5 percent over the last day, returning to the mid-₦1,440 region.
Experts believe the naira is holding above a key support level as the month ends.
They expect traders to remain cautious while waiting for further Central Bank of Nigeria guidance ahead of December.
