Dollar to Naira Exchange Rate Today: Latest Black Market & Official Rates for December 2, 2025

Dollar to Naira Rate Maintains Steady Performance Across Markets

The Dollar to Naira exchange rate on Tuesday, December 2, 2025, showed continued steadiness across the official and parallel markets, reflecting the current calm in Nigeria’s foreign exchange landscape.

Official Market (NFEM) Trading Updates

Fresh figures from the Nigerian Foreign Exchange Market show the Naira trading close to N1,448 per dollar in early Tuesday transactions. Data from the FMDQ Securities Exchange and the Central Bank of Nigeria revealed that the Naira opened at approximately N1,447.96, marking a mild movement compared to previous sessions.

Over the past week, the Naira has stayed within a narrow trading band. On Friday, November 28, the currency closed at N1,446.90, with recorded intraday highs of N1,449.75 and lows of N1,445.00. Monday’s trading session also remained within this zone, with the Naira hovering near N1,446.59, supported by steady liquidity in the official window.

Parallel Market Rate Today

The parallel market continues to reflect a closely aligned movement with the NFEM. Market checks across Lagos and Abuja indicate that the dollar is selling between N1,465 and N1,470. Digital exchange platforms and global transfer services such as Wise and Access Bank’s international rate tools show similar activity, placing the dollar between N1,465.33 and N1,469.00 as of Tuesday morning.

This positions the gap between the official and parallel market rates at roughly N18 to N22, showing ongoing convergence between both markets.

Market Outlook for December

Nigeria’s FX market is entering December with signs of resilience. Data from the CBN indicates that late November trading kept the Naira within the N1,440 to N1,458 band, supported by improved liquidity levels and targeted interventions to stabilise rates. Analysts expect the market to maintain this trend if current supply levels continue.