Dollar To Naira Exchange Rate Today, November, 20  2025

Di naira dey trade around ₦1,451 to US dollar for official Nigerian Foreign Exchange Market (NFEM) on November 20, 2025, while parallel (black) market dey quote dollar about ₦1,475.

For today, di NFEM official volume-weighted average dey ₦1,451/US$1, wey CBN dey use as market official reference. Di parallel market dey ₦1,475/US$1, wey mean premium of about ₦24–₦26 between di two windows as traders dey price dollars for active informal market. Nigeria dey run two-tier FX system: official NFEM/NAFEX for eligible transactions and informal parallel market wey individuals and small bureaux dey use. If di gap wide, importers and consumers dey pay more, and business margins fit pressure; if e narrow, e fit ease inflation. Market dashboards show say official rates dey mid-₦1,400s, parallel dey high-₦1,400s, show say volatility dey continue but dey contained.