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Dollar to Naira Exchange Rate Today, November 6, 2026: Naira Trades at ₦1,400/$ on Black Market

The naira traded at approximately ₦1,400 per dollar on the parallel market on Friday, November 6, 2026. The latest official NFEM figure available was ₦1,348.74 per dollar, recorded on Thursday, November 5, leaving a difference of about ₦51.26.

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Key Highlights

  • The dollar traded at approximately ₦1,400 on the parallel market on November 6.
  • The latest official NFEM rate was ₦1,348.74 per dollar on November 5.
  • The reported difference between the two rates was about ₦51.26 per dollar.
  • Bureau De Change operators may quote different rates depending on location and dollar availability.
  • Importers, travellers and international students continue to monitor movements in the exchange market.

Data from the Central Bank of Nigeria showed the naira at ₦1,348.74 per dollar at the NFEM on Thursday, November 5. The CBN describes the NFEM rate as a volume-weighted average and the official exchange rate for the day; its exchange-rate table publishes the figures.

Dollar to naira black market exchange rate today

On the parallel market, popularly called the black market, the US dollar was quoted at approximately ₦1,400 on Friday, November 6. Rates offered by Bureau De Change operators and other dealers may differ by location, demand and currency availability.

People buying or selling dollars should confirm the rate with their authorised dealer before completing a transaction. The parallel-market figure is an approximate quote and can change during the day.

Official and black market dollar rates

The official NFEM figure of ₦1,348.74 was recorded on Thursday, November 5, while the parallel-market quote was approximately ₦1,400 on Friday, November 6. The difference between the reported rates was about ₦51.26 per dollar.

Importers, international students, travellers and Nigerians making overseas payments closely watch exchange-rate movements. Official and parallel-market rates can move as trading activity, dollar supply and demand change.

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Market participants will continue to monitor foreign-exchange supply and demand for indications of the naira’s direction in coming sessions.

For daily rate updates, follow us on X.

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