The Naira closed at ₦1,459.95 per dollar on Thursday, 20 November 2025, weakening by N8.95 from the previous day’s close of ₦1,451 at the Central Bank of Nigeria’s (CBN) Nigerian Foreign Exchange Market (NFEM) Window.
This is a result of the ongoing structural volatility and demand-supply dynamics in Nigeria’s foreign exchange (FX) market, caused by supply-demand imbalances, market structure & volatility, and the policy & monetary environment.
At the CBN’s NFEM Windows during the session, the Naira traded between an intra-day high of ₦1,459.99/$ and a low of ₦1,450/$, with the average rate at ₦1,452.13/$.
According to Aboki FX, the parallax market, also known as the Black Market, the Naira-to-Dollar rate closed with a buy rate of ₦1,460 and a sell rate of ₦1,470. The Naira-to-Pound closed with a buy rate of ₦1,910 and a sell rate of ₦1,940.
Additionally, the Naira-to-Euro ended the day at ₦1,665 buy rate and ₦1,690 sell rate, the Naira-to-Canadian-Dollar rate ended at ₦1,150 buy rate and ₦1,250 sell rate.
GT Bank’s Daily FX Rate for International Transactions closed at ₦1,457/$.
