Dollar To Naira Exchange Rate Today, November 6, 2026: Naira Trades At ₦1,400

The Nigerian naira traded at approximately ₦1,400 per dollar in the parallel market on Friday, November 6, 2026, while the official exchange rate stood at ₦1,348.74 per dollar at the Nigerian Foreign Exchange Market (NFEM).

According to Bush Radio Academy, figures released by the Central Bank of Nigeria (CBN) showed that the naira weakened slightly to ₦1,348.74 per dollar during Thursday’s trading session, November 5.

The NFEM rate serves as Nigeria’s official foreign exchange benchmark and is determined by the volume-weighted average of transactions conducted in the market.

The latest figures indicate a slight depreciation in the naira’s value compared with the previous trading session, reflecting a modest decline in its performance against the US dollar.

Meanwhile, in the parallel market, popularly known as the black market, the dollar was exchanged at approximately ₦1,400 on Friday.

The difference between the official and parallel market rates highlights the continued gap between the two segments of Nigeria’s foreign exchange market.