Dollar to Naira exchange rate today, November 4, 2026
AI Executive Briefing
Verified Synthesis~25s readThe Nigerian naira trades against the US dollar at different rates across the Nigerian Foreign Exchange Market (NFEM) and the parallel market, also known as the black market. The difference between the official and parallel-market selling rates is approximately ₦43.57 per dollar.
Context & Background
- ✦At the prevailing rates, $100 is worth approximately ₦134,643 at the official market rate and ₦139,000 at the parallel-market selling rate.
Key Figures & Named Entities
Wednesday:The dollar-to-naira exchange rate remains a major focus for businesses, importers and Nigerians seeking to meet their foreign exchange needs on Wednesday, November 4, 2026.Wednesday:As of Wednesday morning, the dollar is quoted at approximately ₦1,380 for buying and ₦1,390 for selling in the parallel market.3 market:The latest reported official NFEM rate is approximately ₦1,346.43 per dollar, based on the November 3 market publication.
Outlook & Next Steps
Follow original publisher reporting for subsequent developments, official responses, and verified updates.
Key Takeaways
Verified Extract- The Nigerian naira trades against the US dollar at different rates across the Nigerian Foreign Exchange Market (NFEM) and the parallel market, also known as the black market.
- The difference between the official and parallel-market selling rates is approximately ₦43.57 per dollar.
- At the prevailing rates, $100 is worth approximately ₦134,643 at the official market rate and ₦139,000 at the parallel-market selling rate.
Key Facts:Wednesday: The dollar-to-naira exchange rate remains a major focus for businesses, importers and Nigerians seeking to meet their foreign exchange needs on Wednesday, November 4, 2026.Wednesday: As of Wednesday morning, the dollar is quoted at approximately ₦1,380 for buying and ₦1,390 for selling in the parallel market.3 market: The latest reported official NFEM rate is approximately ₦1,346.43 per dollar, based on the November 3 market publication.$100: At the prevailing rates, $100 is worth approximately ₦134,643 at the official market rate and ₦139,000 at the parallel-market selling rate.
Editorial Excerpt
The dollar-to-naira exchange rate remains a major focus for businesses, importers and Nigerians seeking to meet their foreign exchange needs on Wednesday, November 4, 2026.
Frequently Asked Questions About This Story
What is the latest development regarding Naira & Foreign Exchange Policy?
The Nigerian naira trades against the US dollar at different rates across the Nigerian Foreign Exchange Market (NFEM) and the parallel market, also known as the black market.
Who are the key organizations or public figures mentioned?
The primary parties identified in this coverage include Naira & Foreign Exchange Policy.
What timeline or key figures were confirmed?
The dollar-to-naira exchange rate remains a major focus for businesses, importers and Nigerians seeking to meet their foreign exchange needs on Wednesday, November 4, 2026.
