Stay informed on the latest Dollar to Naira exchange rates. For November 28, 2025, we bring you current black market figures. This report details rates recorded on Thursday, November 27, 2025. It’s for those looking to convert currency.
Current Black Market Rates: November 27, 2025
The parallel market, often called the black market, remains a significant source for foreign exchange. On Thursday, November 27, 2025, in Lagos, Bureau De Change (BDC) operators reported specific rates. They sold one US dollar for ₦1475. Buying rates stood at ₦1462. These figures reflect the market’s current dynamics for those swapping dollars for Naira.
CBN’s Official Stance on Forex
It is crucial to note the Central Bank of Nigeria (CBN)’s position. The CBN does not officially recognize the parallel market. Instead, it advises individuals seeking foreign exchange to transact through their respective banks. This directive aims to stabilize the official forex market.