Naira to Dollar rate today, Tuesday, November 25 as naira depreciates
The Nigerian Naira edged lower against the US Dollar in the parallel market on Tuesday, November 25, 2025, as demand for foreign currency rose ahead of the festive season.
According to active Bureau De Change (BDC) operators in Lagos, Abuja, Port Harcourt, and Kano, the Dollar to Naira rate is ₦1,455 per dollar for buying and ₦1,465 per dollar for selling.
Despite the slight dip from Monday, traders say the market remains relatively stable.
Dollar to Naira Exchange Rate Overview
Tue, Nov 25, 2025 Black Market 1,455 – 1,465
Mon, Nov 24, 2025 Black Market 1,450 – 1,460
Why the Naira Is Moving
Higher Business Demand: Retailers and logistics firms are buying more dollars to finance holiday shipments.
Steady Remittances: Transfers from abroad continue to support market liquidity.
Strong Oil Prices: Crude trading above $85 per barrel helps stabilize foreign revenue.
Calm Market Sentiment: Reduced panic buying keeps prices within a predictable range.
Moderate Speculation: FX operators are trading cautiously as year-end approaches.
Experts say the mild depreciation is a controlled adjustment, not a destabilizing shift.
Implications for Nigerians
Benefits:
Slower price increases on imported goods
Predictable FX budgeting for businesses
Fewer surprise costs for students and medical travelers
Cautions:
Dependence on black-market forex limits investor confidence
Prices could rise if demand outpaces supply in December
Outlook for the Week
Analysts expect the Naira to trade between ₦1,450 – ₦1,475 per dollar through the end of November. Key factors include:
Christmas import demand
Diaspora remittances
CBN policy interventions
Transport and travel-related FX needs
No major disruptions are expected, though traders remain alert to potential liquidity changes.
Today’s Black Market Rates:
Buying: ₦1,455 per $1
Selling: ₦1,465 per $1
For daily updates on exchange rates, visit Investors King, Aboki Forex, or the Central Bank of Nigeria.
