For those tracking currency fluctuations, here is the latest Dollar to Naira exchange rate for Monday, November 24, 2025, on the black market.
This update provides the rates at which you can exchange your dollars for Naira today.
Current Dollar to Naira Black Market Rate
On Monday, November 24, 2025, the parallel market in Lagos recorded specific exchange rates. According to credible sources from Bureau De Change (BDC) operators, the selling rate for one dollar stands at ₦1474.
Conversely, buyers acquired dollars at a rate of ₦1460.
Understanding the Parallel Market and CBN’s Stance
It is crucial to understand the position of the Central Bank of Nigeria (CBN) regarding these unofficial transactions. The CBN does not officially recognize the parallel market, often referred to as the black market.
Instead, the apex bank consistently directs individuals seeking to engage in foreign exchange to approach their respective commercial banks. This directive aims to promote transparency and stability within the official financial system.
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