Nigeria Today’s Dollar to Naira Rate: Dollar → Naira Snapshot Rate for 10 December 2025

Key points:
Official CBN Rate: ₦1,451 / USD
Black-Market Rate: ₦1,465 / USD
Drivers: Balanced seasonal year-end demand pressures; Anticipation of a US Federal Reserve interest rate decision; Gradual market adjustment awaiting further CBN policy signals.
Top Tools: CBN Forex Portal, Aboki Fx

The Naira held flat against major currencies in both official and parallel markets on Tuesday, demonstrating stability despite seasonal pressures. The currency's movement remains within a predictable band as the market adjusts ahead of key central bank policy announcements.

FAQ
What’s the gap between CBN & black-market rates? The spread remains contained at approximately ₦14, indicating stable market conditions and reduced speculative pressure.
Will the naira strengthen soon? Immediate stability is likely to persist. The market's focus is on the upcoming US Federal Reserve rate decision, which could influence global risk appetite and capital flows.
How do oil prices affect rates? While a key long-term factor, the current flat trading reflects a balance between typical year-end import demand and the market's wait-and-see approach ahead of major central bank policy moves.