The Naira lost N2.01 on Tuesday, December 16, 2025, according to data from Naira Rates, driven by fluctuations in market demand and supply.
In the parallel market, commonly known as the black market, the Naira is currently exchanging at N1,487.01 to the US dollar, down from N1,485/$ recorded the previous day.
Exchange rates for other major currencies remained steady. The Naira is trading at N2,204.40 per British Pound, N1,853.70 per Euro, and N1,152.30 per Canadian Dollar.
On the official side, GTBank’s international payment rate closed at N1,460/$ for the day, while Standard Chartered Bank’s online payment card rates are N1,470/$, N1,971/GBP, N1,731/EUR, and N1,070/CAD.
Geegpay’s rates for international payments today closed at N1,474/$, N1,975/GBP, and N1,729.90/EUR.
In the cryptocurrency market, the Naira closed at: N4,483,909.69 per Ethereum (ETH), N132,383,890.13 per Bitcoin (BTC), N195,466.10 per Solana (SOL), N1,481 per Tether (USDT), and N1,481 per USD Coin (USDC).
The Central Bank of Nigeria (CBN) Daily Nigerian Foreign Exchange Market (NFEM) rates closed yesterday at N1,454/USD, N1,705.74/EUR, and N1,943.98/GBP. Rates for today had not yet been released at the time of this report.
