The Naira closed at N1,465/$ in the Black (Parallel) Market on Monday, November 17, 2025, as persistent demand and reduced dollar supply, driven by government policies, currency arbitrage, and speculation, continued to affect the market.
According to Aboki FX, an online public repository that tracks Nigeria’s daily parallel exchange rates, the market is currently trading at a buy rate of N1,460 and a sell rate of N1,465 for the Naira-to-dollar exchange.
For the Naira-to-Pound rate, the black market recorded a buy rate of N1,905 and a sell rate of N1,925. The Naira-to-Euro exchange stood at N1,665 (buy) while the sell rate was N1,685.
Meanwhile, the GT Bank Daily FX Windows Rate For International Transactions closed at N1,447/$.
Again, the Central Bank of Nigeria (CBN) Daily Nigerian Foreign Exchange Market (NFEM) rate closed at N1,444/$ last week Friday, as the rate for the day had not been updated at the time of filing this report.
