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Dollar to Naira: Exchange Rate Shows Mild Stability on November 28, 2025
Get the latest Dollar to Naira exchange rate for November 28, 2025. See today’s official NAFEM rate, parallel market price, weekly highs and lows, and expert insights on market trends and Naira performance.
The Nigerian Naira posted slight signs of stability against the US Dollar in early trading on Friday, November 28, 2025, as the foreign exchange market adjusted to recent liquidity movements.
Official Market (NAFEM) Update
Latest figures from the Nigerian Foreign Exchange Market (NAFEM) show the Naira trading around N1,444.38 per dollar, marking a modest shift from earlier in the week when the rate hovered near N1,450.
According to market data, the Naira has also recovered from its weekly peak of N1,472.26, recorded on Monday, November 24, indicating a mild consolidation toward the end of the week.
Parallel Market Trends
In the parallel (black) market, the dollar is exchanging for an average of N1,457.11, continuing the trend of narrow spreads between street rates and official window prices.
The sustained convergence is attributed to ongoing liquidity control and market management strategies at the official level.
Weekly Performance Snapshot (Nov 24–28, 2025)
- Weekly High: N1,472.26 (Monday)
- Weekly Low: N1,441.00 (Tuesday close)
- Current Trend: The Naira has appreciated by about 0.5% in the past 24 hours, moving from the upper N1,450 range to the mid-N1,440 band.
Market Outlook
Analysts observe that although the Naira experienced pressure earlier in November, the currency is ending the month holding above the N1,440 support level.
Traders remain cautious and are monitoring potential directives and liquidity actions from the Central Bank of Nigeria (CBN) as December approaches.
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