See Dollar To Naira Exchange Rate Today, November 28, 2025

See Dollar To Naira Exchange Rate Today, November 28, 2025

The exchange rate between the United States Dollar (USD) and the Nigerian Naira (NGN) showed slight signs of stability in early trading today, Friday, November 28, 2025, as the foreign exchange market responded to recent liquidity movements.

NAFEM (Official) Market Rates:

Latest data from the Nigerian Foreign Exchange Market (NFEM), the nation’s official FX platform, reveals that the Naira is trading at about ₦1,444.38 per dollar. This marks a mild shift from earlier in the week when rates hovered around the ₦1,450 level.

The currency has also rebounded from a weekly high of ₦1,472.26, recorded on Monday, November 24, signaling a brief consolidation phase as the week winds down.

Parallel Market Rates:

In the parallel (black) market, the Naira continues to trade fairly close to the official rate, underscoring the ongoing convergence of exchange rates. Reports from street traders indicate that the dollar is currently exchanging for an average of ₦1,457.11.

Although still slightly above the NAFEM rate, the narrow gap between both markets reflects the impact of liquidity management efforts by the Central Bank on open-market pricing.

Market Trends for the Week:

The FX market witnessed mixed movements between November 24 and 28, 2025.

Weekly High: ₦1,472.26 (Monday)

Weekly Low: ₦1,441.00 (Tuesday close)

Current Trend: The Naira has appreciated by approximately 0.5% over the past 24 hours, easing from the ₦1,450 zone into the mid-₦1,440 range.

Analysts note that despite earlier pressure in November, the Naira is ending the month in a relatively stable position above the ₦1,440 support level.

Traders recommend caution as the market anticipates further directives and liquidity injections from the Central Bank of Nigeria (CBN) heading into December.