Greenback to Naira Black Market Alternate Fee As we speak, Wednesday, November nineteenth 2025

The Nigerian Naira skilled delicate strain towards the US Greenback within the parallel overseas change market on Wednesday as greenback demand continued to rise throughout industrial hubs.

As of Wednesday, November nineteenth 2025, the Greenback to Naira Black Market change charge stands at ₦1,455 per greenback for purchasing and ₦1,465 per greenback for promoting, primarily based on verified info from high Bureau De Change (BDC) operators in Lagos, Abuja, and Kano.

This slight depreciation follows two days of relative stability as seasonal import actions push foreign exchange demand increased. Merchants say the market stays well-supplied, however the gradual enhance in demand forward of festive season purchases is now testing short-term liquidity.

Greenback to Naira Alternate Fee — Market Desk

Charges compiled from experiences by Traders King.

How A lot Is Greenback to Naira As we speak in Black Market?

As of this morning, the Greenback to Naira Black Market charge stays throughout the ₦1,455 – ₦1,465 vary throughout main buying and selling areas.

Sellers report a bit extra urgency amongst importers who’re making worldwide funds to replenish stock forward of December demand. Regardless of this motion, market pricing stays comparatively predictable, signaling that liquidity stays adequate to soak up short-term demand will increase.

For official and controlled overseas change pricing, customers ought to consult with the Central Bank of Nigeria at CBN.

Why Is the Naira Barely Weaker As we speak?

Analysts attribute the present parallel-market adjustment to a number of key drivers:

• Seasonal Import Demand Rising
  12 months-end stockpiling for retail distribution is pushing up greenback transactions.

• Increased Journey-Associated Withdrawals
  Many Nigerians getting ready for vacation journeys are sourcing {dollars} upfront.

• Stagnant Non-Oil FX Inflows
  Whereas oil revenues are regular, export diversification stays restricted.

• Improved Shopper Exercise
  Rising retail and logistics exercise is driving enterprise house owners to safe foreign exchange early.

• Cautious Speculative Buying and selling
  Some merchants are hedging towards attainable shortfalls, resulting in micro-price actions.

Even with these pressures, consultants say the market remains to be far calmer than earlier within the yr when volatility spiked sharply.

Financial Implications

A slight shift within the Greenback to Naira Black Market charge displays broader market conduct that may affect:

✔ Import-Dependent Companies

Prices might edge increased however stay inside manageable limits whereas demand climbs progressively.

✔ Customers

Secure market situations assist gradual inflation transmission from pressured import pricing.

✔ Pupil & Journey Budgets

Predictability in foreign exchange sourcing reduces shock bills for schooling and medical funds overseas.

✔ Market Confidence

Stability helps companies set product pricing and monetary planning extra persistently.

Nevertheless, the prevailing hole between official and black-market channels continues to distort pricing and encourage casual sourcing of overseas foreign money.

Outlook for the Week

Analysts forecast the Naira to commerce between ₦1,450 and ₦1,470 per $1 this week, assuming oil costs stay above $85 per barrel and remittance inflows stay regular.

Quick-term dangers embody:

Nonetheless, sentiment stays cautiously optimistic as each provide and demand stay fairly balanced.

Conclusion

The Greenback to Naira Black Market change charge immediately, Wednesday, November nineteenth 2025, is:

• ₦1,455 for purchasing

• ₦1,465 for promoting

For each day, verified updates on Greenback to Naira, all the time depend on:

As we method peak vacation demand, the Naira’s efficiency will rely upon liquidity situations and international market influences — with merchants intently monitoring traits for any sudden volatility.