Bitcoin Forum

The above image has shown the daily exchange rate.

• Bright lime green → Highest Rate
• Light orange → Lowest Rate
• Olive green → Closing Rate
• Yellow-orange → Simple Average Rate

You can see the rate represented by different colours in the image below.

Here is the previus break down of each day exchange rate.

This thread will be used to update the current Naira/Dollar Exchange Rate. with daily/weekly Statistics Images.

The exchange rate data will be taken from different platforms to update this thread daily.

current Exchange Rate Saturday, October 4th: $/₦ = ₦1466
October 11, 2025 Update (https://bitcointalk.org/index.php?topic=5561206.msg65908832#msg65908832)
October 18, 2025 Update (https://bitcointalk.org/index.php?topic=5561206.msg65938558#msg65938558)
October 25, 2025 Update (https://bitcointalk.org/index.php?topic=5561206.msg65966810#msg65966810)
Novermber 1, 2025 Update (https://bitcointalk.org/index.php?topic=5561206.msg65993879#msg65993879)
Novermber 9, 2025 Update (https://bitcointalk.org/index.php?topic=5561206.msg66028322#msg66028322)
Novermber 15, 2025 Update (https://bitcointalk.org/index.php?topic=5561206.msg66051858#msg66051858)

Two days ago, I traded at rate 1446,  today I traded at 1467, from observations we may not go lower than 1400 that's my speculation for this rate change. From the look of things, the rate might increase above 1500 (1600 or 1700).

How often will you be updating this thread, daily or when ever the rate changes?

I remember when rate was trading at 1900, how the rate fell and yet prices did not come down, quite obvious that rate fall don't benefit final consumers, what goes up do not come down.

Yesterday I traded mine with 1436 and someone told me that this morning the exchange rate hit 1475. I think this thread is good one wey go help us know the current price daily if di op e dey active to update am. You dey suspect 1400 at di end of the year but I dey predict 1300 and di price e no go go home above 1500 again dis year and it will hit dat price wey you dey talk after di election.
In Tinubu second tenure im go like to make dollar high to sell off di ones wey him don package in dis first tenure.

In Nigeria price of goods will never go down,even if dollar rate go down to 100k. Our marketers are greedy and not reliable, they just want to make more gain nothing more.  When citizens or the government celebrate the fall of dollar to naira, I just look at them as ignorant people, because price of things are still on the rise.

Dollar rate, will still move abouve #1500 before December, traders we will start buying goods and services they will sell in December and January, the rate will definitely goes up. We still buy and exchange in dollar, I don't panic with the current rate.

As the Naira/dollar exchange rate is dropping, I don't know how that is affecting the prices of things in the market because when it is going up, it is usually seen as excuse for prices of things to skyrocket. Fuel price still remain where it has always been, cement and other commodities still remain where they are, now the question is, why have we been blaming exchange rate for the high cost of things? I think the government need to be intentional about price regulation to avoid the exploitation that is happening now.

I literally just sold some Bitcoin this morning, and it was sold at an exchange rate of 1375 Naira per 1 dollar on Bitget Crypto Exchange. And only to come here and see this analytical break down of the previous price of Naira to dollar for the past few days, I'm literally very upset right now, as it sounds I have actually lost a whole 8k for this very trade I did this morning. And as such, I think having a dedicated thread like this where a monthly and weekly analysis of the Naira price movement to dollar is very good. Because had I been I knew what the price was before initiating trade this morning, I'm pretty sure I never would have lose this huge sum to the market and trader.

https://www.talkimg.com/images/2025/10/04/UGRGzb.jpeg

Who will bring down the price of his goods and services because the dollar rate is reducing, you cannot find it anywhere, if it's a sole proprietorship business, it's harder to buy goods at reduced price, even if the price is reduced, it won't be announced, they will keep it secret and still sell at the the current price.

The only company that actually reduced prices when dollar rate falls are the fueling companies, right now the price per liter of fuel is reduced because of the rate.

I also saw how it has been a #1475 earlier this morning before falling and now as at the time of making this post, it is #1,474 and it may continue to rise any moment from now, the weekend usually comes with a gradual performance below expectations while the set of a new week may spark the reason to push it high the more if the demands increases, I don't seems to believe that this fall is not being masterminded by our leaders.

OP, if I may suggest, you can also make this a mega thread to always publish on the opening and closing rates for each day here every day, if this may be a welcome idea anyway by you.

Aha guy you have been scammed by bitget vendors. Those people are bastard dem dey negotiate up and down and their price or rate is very poor. Since when I noticed that dem no good, na so I leave them and di one I dey use now na Remitano majorly and bybit alternatively.
Right now in the exchange market it is 1473 that is I am seeing and di way it is the market is volatile. Naira is not stable again. Now e dey like cryptocurrency.

This can't be true, this is a trade from last year probably cause I can't remember the Naira ever going below 1400 since the start of this year.

I'm sincerely speaking the truth, this was actually today's trade (4th October 2025), and I'm still very confused how I felt into this trap. Because however, I was in a hurry to execute the trade to get some fiat, because I had someone waiting for me. And I got scammed. Here is a proof of the payment, time and date below 👇

https://www.talkimg.com/images/2025/10/05/UGTieG.jpeg

This depends on exchange they are using, I have never sold below 1476 since the price started declining. Although as for yesterday from the images it could be true because price are seriously declining, I mean NGN gaining strength over the USD. Currently checking from bybit the price is at 1472/$, so I didn’t think it was traded on bybit otherwise I am suspecting bitget.

Whatever p2p that you're using, they're stealing your money and manipulating the rates to their selfish interests and you people are falling for it - it doesn't matter what platform you're trading it the black market as of yesterday when you made this trade was above 1,450. We may never see the Naira gain or see Dollar clash below 1,400 till the end of this year.

My prediction is by next week we'd see 1,500- 1,520.


Exchangers do not set black market rates, and the victim fell for a scam vendor.

It was not a scam. The rate fell to 1425 I think 2 days ago, but it abruptly increased back to 1450 within short period of time. Later it fell a little to $1446 and later rose above 1450 and now around 1473/1478.

In history, abruptly drop in price like how it dropped to 1425 has always been followed by abrupt increase, even if it will not increase to the price it is falling from. Some traders use it as an opportunity to make money in trading.

You missed the post context, you'll need to read from my first post on this thread to get the full reasons behind my last comment. You quoted me out of context.

I don't understand how he fell into such trade because I still know that when you want to sell by p2p, it is advisable to search for a higher buyer.... you can change the amount and sell to only higher buyer by searching for let's say 100k limit. Higher buyers of high USD quantity also tend to buy at higher prices. It pains to sell your assets in such a cheap price and loss. Bitget could be funny and I don't like that exchange. You should get back to your bybit, it's more reliable when it comes to p2p transactions.

A friend if mine told me this days ago about the exchange rate getting to 1375 and I was surprised how fast naira appreciated. Unfortunately for him I was busy to check for him on bybit. When I later confirmed the rate it was obviously a scam carried out by vendors on bitget.
The exchange rate is still above 1450 and I don't see why some people will be so wicked to take advantage of every single price change. Well Im not surprised because we are in a country where the government can't even get a hang of their own currency. Let's try to confirm the rate well before trading with any vendor. Most of them are thief's ..

Bitget na one of di exchange dat full with cheaters. I have used many exchanges in Nigeria cryptocurrency space and all bitget na di worst I don see. Some na because their prices e dey low nai make I no dey use am but bitget own, di price e dey low and upon dat low price dem still dey price you join.


Current $/₦1472

Man, how did you end up with such a trade as selling your bitcoin at such a ridiculous price? Definitely dollar has been dropping rapidly against the naira but it's hasnt dropped to the level of 1,3++ naira per dollar, I sold and converted some usdt to naira on monday, and did again on Wednesday, I've not had any trade that was below #1460 per dollar, the person who bought those bitcoins from you clearly duped you man.

It is often said that "when mugu fall, guy man go chop", pretend to be the mugu now but ensure this is the last, dokt ever make this type of mistake again bud.
When wanting to convert some crypto to naira, it's best to first convert to usdt if you arent sure what the exchange rate of that crypto is to naira, this is to avoid confusion, then take your time and search for the best price in the market, maybe cost you some time but it's usually worth it.

You're very correct @Igebotz about the influence of Black marketers. I fell into their hands sometimes last week when dollar was at 1481. I wanted to trade and discovered that the were buying at 1455. I was surprised because I know it shouldn't go below 1476 or within that range when dollar is at 1481. Even to I had to trade because I needed it urgently but I didn't trade the exact amount of USDT I initially planned to trade. Moments later I checked back and the price has normalised.

I believe that the black marketer's during a period of sharp drop of price, they set their own prices very low expecting the price to fall further thereby scamming people of their hard earned money.


I will advise you to always check the dollar price daily and even before checking your exchange for a P2P transactions. When you first confirm the current price, it will help you to choose your selling price better or postpone if it is not favourable.

It will be fine if it happens the way you predicted by next week. It will also be fine if it remains at the same price by next week.

My major concern is for the price of things to decrease. If that should be done, I will be happy because many Nigerians can't afford to feed themselves and their families. It's heartbreaking how the cost of living has tripled within a short space since Tinubu took over power.

Is it about CryptoHeadlineNews that posted he sold at 1375 to a dollar on Bitget?

Can you remember I posted something similar last year? Scam ads on Bitget (https://bitcointalk.org/index.php?topic=5497217.msg64105326#msg64105326).

But I did not notice anything like that on the exchange after I posted about it on this forum. But few months later, I left Bitget. Although, not because of the scam but because of another reason which is not related.

It is actually a scam, but I blamed how Bitget was displaying P2P ads at the time but the exchange changed. Or maybe something like that can still happen when the price of naira is very volatile.

Nice initiative also take rates from major exchange and give us the average while updating as that'll give us an idea of what the actual price is.
The Naira exchange rate fluctuate alot so it'll be difficult to get the exact price of the Naira and also regarding taking different readings from various days still won't give us an accurate figure.

It's a good thing though that the dollar is falling because then the Naira will be rising and that'll give us more value for our Naira. No joy in just making the dollar yet when you want to spend it, it gives you no real value for you money despite it coming out big in Naira.

I haven't had much issues with Bitget in recent times, but I agree with you 100% that their ads doesn't add up to some extent. I noticed it when they changed their completion time format, and I had to inform their customer service some months back, but they didn't do anything about it.

Even this issue of low rate, I noticed it from a particular merchant a few days back. You can only figure out the true price after clicking a particular merchant to trade with. The p2p market list place doesn't contain accurate information for every merchants, especially those with negative intentions.

I just read over that discussion again, and this is complete bullshit. If biget allows rates to be modified after a transaction has been initiated, it creates a significant loophole that scammers would exploit.  Rates shouldn't be allowed to change after a transaction has been initiated in order to ensure transparency.

CryptoHeadlineNews some questions before you;

1. Did you see the rate before trading?

2. was the rate changed while the transaction was ongoing?

Sometimes price change while trying to initiate a trade but Bybit will always notify you about price changes and even insist you try another buyer for the period of time. Bitget is really piling up shits in their P2P section with no clear efforts to end all their numerous scam loopholes. Same bitget still doesn't care about under payment and non-payment of your coin fiats.

When these scammers hit, their support and report system is very irritating and at at the end, your coins is gone. Why not try Bybit, even though there are chances of scammers but it's very minimal compared to bitget. Avoid trading P2P in bitget so that you won't keep loosing your funds.

Meanwhile, dollar is at 1471 as at the time of this post.

That price change dey happened only in bitcoin. When you dey trade with BTC and the price change you go see and if you like to change vendor or continue with your trade. But in USDT I never see am. And I dey trade every week bitget vendors e no dey make sense oh. Any person wey dey use dem na di person own risk. Make una no dey use that stupid exchange and I believed when di number of users reduce dem go feel am.


Edited
Currently di rate e dey 1475

One thing wey I don understand for p2p trade be say, some merchants no want sell their usdt at that moment because them dey reason say the price go still fall or high. Those kind merchants go dey claim say them dey active, if you mistakenly vlick on them, na e them go tell you say price has changed only because say them no want sell, because for that same price wey them dey say prics has changed, another merchant go buy your usdt.

To save yourself all those stress, make you use the p2p trading bot use get the legit trader wey go buy your coins ASAP without delay.

We know our dear country too well, and how difficult it is for prices of goods to drop after they go high. This is because we do not have an active price regulatory team all over the country. The price of garri in one street is different from the other in another steet in the same area Ooo, not in another community or town. Even in the price of fuel per litre, it is never the same when you enter two different fuel stations in the same area, and it is just so bad

Wether the Naira/USD exchange rate falls, prices of things still remains, which is not sopose to be so. If the government is subsidising the price of Naira to Dollar as I heard, and that's why it's coming down(I heard, though not confirmed) then the same government should also ensure that regulatory measures should be put in check to ensure that prices fall down too. Isn't that the work of the government, to make life easier for the citizens??

Am sure the exchange rate will go higher above this. The drop night only last for a while, I don't know how long, but before December it will surely go beyond 1500.

Rates change constantly and op should be ready to update the thread regularly or give a specific period he will be expected to update the list and for me I think he should update the list twice daily , which is early in the morning for the staring price and at night for the closing price and maybe as time goes on, he might adjust to only closing prices first each day and switch to weekly.

Truly price changes doesn’t affect final consumers and at some point, I which the price remained or even went higher over 2k/$(this is not me being selfish or greedy, but since the change in price isn’t effective for final consumers, then what’s the need for price change)

Omo for Nigeria the law of gravity nodey work at all for consumer goods and services. Whenever something makes price go up it Never comes down  even when that situation is resolved. Look at exchange rates, look at fuel prices.

Good stuff OP, we fit turn this thread  to our own wall observer, daily updates go Dey nice as u no be bot or maybe each member here ho Dey help Dey drop updates as soon as rates change on a regular. This na just my suggestion.

Thanks for the encouragement. Yes I will do that by collecting the data from the major exchanges so I can give the average rate. And what I am planning to do is to give major update on Mondays for the opening rate and and Saturday for the closing rate of the week. But will still update daily with only figures. But Mondays and Saturdays should come with some images.

Right now this is the current price in the $/N exchange rate.
Bybit >1490
Bitget >1489
Currency Convert > 1469

The average today is = 1483.

Op I was hoping you'd keep the updates running on the op post rather than inside the thread. At least that would be more visible don't you think. Just a friendly suggestion, it possible to only update price at the topic daily while you keep a record and date at the op first post probably that data chart get updated daily while.

I must say that I'm pleased with your work, threads like this ought to be pinned at the local board first page.

Na this rush rush dey put man for inside trouble. I no dey like any form of pressure if I want run any financial transaction. The first thing you suppose do na to check the Naira/Dollar exchange rate for outside the platform before you start the transaction. Na because you no know the rate na him make that nigger run you street. 

Op the thread make sense if we go dey get steady updates.

If you dey use bitget exchange for your p2p transaction you just dey like person wey no no wetin be the current rate because even when exchange rate na  $/₦1500, you go still see them exchanging for   $/₦1450 and if you no understand wetin dey happen you go come see say somebody wey supposed pay you go dey send you messages sey price dey fall say make you accept   $/₦1400 so that him go send you the fund sharp sharp. I don notice dis dia trick countless times na the reason why when I need urgent cash I no dey ever use the exchange for my p2p transaction because I fit dey rush go fail for dia scam.

These p2p vendors don de use this thing do small scam, them go de tell you say gain no de since the price of dollar de drop, so that you go fit pity them allow them pay you ₦1400 Naira, the response I de always give them be say, if gain no de then why are you still doing it, and that is the reason why I no de use Bitget again for now, na only Bybit I de use.
This exchange rate problem might last for a while oo, I think say them de use am spoil things for people who save dollars to exchange this ember period claiming that them de strengthen economy which is very bad, I just hope the government balance up everything not just dollar to Naira price but to also put regulations on price of goods.

I think Bybit is slightly better than other exchanges I have used recently. But I have also received this sympathy call from one of their vendors that the exchange rate has changed. He was just begging me to consider reducing the total amount. I see it as an unprofessional approach because in business, you should learn to accept losses sometimes. Straightforwardness is an important business feature that builds reputation. The deal was cancelled immediately.       

This is ridiculous and unbecoming of the P2P initiative. I just don't know why people, and even the company involved, find ways to destroy everything. A lot is going wrong with exchanges' P2P, and the most disheartening part of them all is that the exchanges are doing nothing about it. Just yesterday, I was shortpaid, though the guy later balanced me after talking tough to him. This is their style, scams everywhere. But none of the vices you guys are discussing regarding someone calling/persuading you to accept a lower rate has ever happened to me. Though I use only Bybit for my P2P exchange after Binance stopped NGN transactions. Who does that? The P2P rate should be final between the buyer and the seller, that's how transparency could be upheld.

If the dollar rate falls as you predicted so, it will not be funny for those who have been buying for the hope that it could reached 2k like the price been dey rise last two years. I never trade reach the price that you mentioned so, I think the last time I traded was around 1463, the thing just they go up and down but na so we dey usually see am at the end of every year, you go dey imagine if the price could even go higher again but with time it will still rise.

You talk true, the price might go higher in Tunubu second tenure, but that is not the point, the price is going down yet nothing gree change in the market, what if the price goes higher than this during his second tenure, baba naija no go funny again. as you talk am, but I am not expecting it to go below 1400 anytime soon. ;D

As of last week of I'm still correct, one dollar was below NGN1,450 but as of today, things morning and this evening it's at the rate of NGN1,472 or there about. So with this current rate I'm sure that in no distance time it might go back the the rate t which is was during the past few months. Currently, there are more people that are buying dollar with the hope that it will go back to NGN1,500N or above but to be certain, I'm not still sure if it might go above NGN1,500 or below NGN1,400

That's their trick, and you were able to know it's a scam because you are well informed. Some persons do not know, especially those new to crypto or trading, and they're the main targets. If you stand your ground, they'll succumb and pay you the complete money, but if you jones, they'll run you street. I rarely encounter them, and when I do, I just tell them to make the complete payment or I'd file a dispute, and they would comply.

Not all exchanges tolerates these nonsense as we have these complains about scammers p2p merchants that have infiltrated the bybit platform with different schemes to scam traders off their funds. Loud as customers are shouting about it the bybit management are leaving it 100%  to customers own risk on how they trade with these scammers in their platform. It never got bad like this with binance when they were still operating a naira p2p.

I'm inquisitive about this and I don't want to waste my time doing trial and error with P2P outlets. Could you please mention the exchange that doesn't tolerate the mentioned scam vices so I can try them out?

As for Bybit, it's the worst of them, its interested in making it's money but turned the deaf ears on the cry of the people. I've reported at least 2 of those unscrupulous elements this year, but nothing was done about it, not even an acknowledgement of the report, nor appreciation for reporting it.

About Binance, I won't lie to you, I missed their P2P platform, as we know our government always want the worst for us, so they will always push out the best. I believe that the vices people are complaining about would have been attempted on Binance platform too, but I doubt if Binance will do nothing about it.

Unfortunately it's the very exchange you know of but has been banned by the government from operating in the region, they were actually the best CEX I have used and next was Kucoin also with the ban case I never was interested in trying multiple CEXes even bybit as of then was never an option to me not until they had to become one of the only available means of P2P trades for Nigerians currently.

I guess bybit executive understands the situation surrounding us and have decided to careless about the complains from customers regarding the scam attitudes from the vendors. Similarly, made a report early this year and no feedback from bybit till date. We all have to be cautious when using that platform.

This Bybit, seriously up this very day I still feel that this Bybit is a scam CEX because they have many dubious activities going on in it and at the same time scammers has used it's porous system to deal with customers. OKX and Binance used to be my favourite CEX up until the Nigerian government decided to frustrate us with their crypto ban back then.

Last year, a friend complained about it's P2P. He said he wanted to buy usdt and he approached one of the vendor, of course after seeing his price, he clicked on the profile and saw the details. He proceeded to pay. After showing proof of payment the vendor refused to release the amount of usdt paid for. He reported the issue and nothing was done about it.

Good one Agbe.
Today will be a good day to update the thread. Don't you think?
One suggestion will be to add the time because of how the rate changes so that a reader can be able to tell that this is at the time. For example "current Exchange Rate Saturday, October 11th at 1:55pm: $/₦ = ₦1,471" because by 3pm it is possible that, that may change too.
I hope you get the point.

The probability that it will get back to 1500 is more than the probability of it get to 1400. Naira was massively bought and there was a time it sharply increased but it has gotten to its peak for now.

The main update go be on Weekends (Saturdays), but anyone who dey interested in updating this thread  should indicate himself so I go tell u weti to do.
The above image shown the daily exchange rate.

• Bright lime green → Highest Rate
• Light orange → Lowest Rate
• Olive green → Closing Rate
• Yellow-orange → Simple Average Rate

Here is the weekly break down of $/₦exchange rate.

Right now this is the current price in the $/₦ exchange rate.
Bybit >₦1,480
Bitget >₦1486
Currency Convert > ₦1460

The average today is = ₦1475


This na di first time I dey see Bitget dey pass Bybit in exchange rate.
If anyone dey interested to update this thread daily. let me know. I will update am weekly.

Currently the price is increasing again. Dollar dey rise now and it is $1/N1485. Though compared to last few months, it is still on the lower side. But I don't think dis rate go still hit 1500 before dis year go end. As im dey rise like dis before we know e don dey go down again. Yesterday I sell am at di rate of 1475 and today na 1485. #10 increase. Many people dey predict 1500, all na just prediction. But the final answer go come in the last day of December. My believe be say, after di general election in 2027, and when di swearing in is over, low and below dollar go rise again, things go rise again because Tinubu second tenure, im go like to cash out well before leaving office.

In the official Market of the exchange rate as of 13th October, 2025 is ₦1,462.50, while in the parallel market market is ₦1,500. Bybit gave me ₦1,487, bitget gave me ₦1,485. So when you selling you will know which of the exchange is good for the p2p. Bybit is the most preferable exchange in the crypto community in Nigeria but because of their negotiating attitude when selling bitcoin must people decided to convert it to USDT and f not it would have been better to sell directly in BTC in Bybit. The price is stable for now and we don't know what will happen from next month but normally from December the price for f dollar is always high and for that market people also increase their prices of goods and services.

Currently the exchange rate is ₦1485

The price in this days e no dey stable again like before. When I start using $/N exchange rate, up to a month or more sef dollar e dey change but now every day, morning and evening nai we dey see dollar and naira exchange dey change like bitcoin. Dis morning na N1490.00 but right now I dey see 1479 again. If you buy naira now, you go get profit in di morning. The prediction of the price to reach 1300 before the ending of this year, I no think say e dey possible again because the movement e ko dey indicate say e go go down reach like dat. Next year e fit go down and after di general election. Me def dey think say e fit go up well well.

I totally agree with you, you see our traders and business people in this country they are part of the problems of price hike in the country . How can a price dance up when dollar rises but will not dance back when dollar falls it's really bad every now and then people keep spending double of what they bought a product for the last time they did it's so annoying

It has always been a culture that whenever it is approaching the end of the year which is a festive season, the price of things start increasing drastically including the dollar naira exchange rate. Most of them are market manipulation so they could do their business and get more profit but I am surprised that till now there has not been any increase as it used to be and the exchange rate is a bit stable unlike previous years when it's mid October approaching it's end and price of things before to skyrocket just like that.

Anyways the Naira is beginning to gain value in a daily basis against the dollar and mostly bybit users has a way of inflating the price possible to attract vendors their direction and majority of them that does that are scammers looking for the greedy ones to undo.

The main update go be on Weekends (Saturdays), but anyone who dey interested in updating this thread  should indicate himself so I go tell u weti to do.

The above image shown the daily exchange rate.

• Bright lime green → Highest Rate
• Light orange → Lowest Rate
• Olive green → Closing Rate
• Yellow-orange → Simple Average Rate

Here is the weekly break down of $/₦ exchange rate.

Right now this is the current price in the $/₦ exchange rate.
Bybit >₦1,482
Bitget >₦1,480
Currency Convert > ₦1471

The average today is = ₦1477

If anyone dey interested to update this thread daily. let me know. I will update am weekends.

I noticed that the official rates can be different from the ads posted at the exchanges notably bitget where some buyers are setting ads up to 1492 but often as a bait to scam users, you just have to be careful with the final amount received and don't released until the set price you noticed before picking is used for calculations.

I don't know if Liocen would be interested in this. The user is good with visualization and I don't know if he will share but I do recommend him, if he agrees to it.

The main update go be on Weekends (Saturdays), but anyone who dey interested in updating this thread  should indicate himself so I go tell u weti to do.
The above image shown the daily exchange rate.

• Bright lime green → Highest Rate
• Light orange → Lowest Rate
• Olive green → Closing Rate
• Yellow-orange → Simple Average Rate

Here is the weekly break down of $/₦exchange rate.

Right now this is the current price in the $/₦ exchange rate.
Bybit >₦1,480
Bitget >₦1486
Currency Convert > ₦1460

The average today is = ₦1475


This na di first time I dey see Bitget dey pass Bybit in exchange rate.
If anyone dey interested to update this thread daily. let me know. I will update am weekly.

The main update go be on Weekends (Saturdays), but anyone who dey interested in updating this thread should indicate himself so I go tell u weti to do.
The above image shown the daily exchange rate.

• Bright lime green → Highest Rate
• Light orange → Lowest Rate
• Olive green → Closing Rate
• Yellow-orange → Simple Average Rate

Here is the weekly break down of $/₦exchange rate.

Right now this is the current price in the $/₦ exchange rate.
Bybit >₦1,440.00
Bitget >₦1439.8
Currency Convert > ₦1445

The average today is = ₦1441.6


Naira dey gain massively this week. But things in the market and transportation fares e no dey come down.
If anyone dey interested to update this thread daily. let me know. I will update on am weekends.

it is not the marketer that you are supposed to blame here but rather the government. The government are not doing there work , they are supposed to be regulating the prices of goods and services by setting up an agency that will be monitoring the price of goods in the market. The naira to dollar exchange rate has nothing to do with some local commodities, even if the exchange rate should go down this commodity there price may never go down.

Oh when the richest  man Aliko Dangote the CEO of the only functional privately own refinery in Nigeria already advice those with dollar's to start selling them off, this is a troubling time for dollars holder's and naira is expected to gain massively in the coming weeks month's, although it just a predictions the market moduls will determine what happens along the way.

But for sure alot of currencies are gaining against other assets on the stock market but honestly the reflections of that on the price of basic goods in the market is still not that felt yet.

The main update go be on Weekends (Saturdays), but anyone who dey interested in updating this thread should indicate himself so I go tell u weti to do.
The above image shown the daily exchange rate.

• Bright lime green → Highest Rate
• Light orange → Lowest Rate
• Olive green → Closing Rate
• Yellow-orange → Simple Average Rate

Here is the daily breakdown of the $/₦ exchange rate.

Right now this is the current price in the $/₦ exchange rate.
Bybit >₦1,459
Bitget >₦1457
Currency Convert > ₦1436

The average today is = ₦1450

Make una dey use Bybit dey trade only with usdt and not Bitget. And dont sell bitcoin in bybit because they go kill u with negotiation. And negotiation in biget is for all di coins.
Naira dey gain massively this week. But things in the market and transportation fares e no dey come down.
If anyone dey interested to update this thread daily. let me know. I will update on am weekends.

I no think am say di prediction of $/N wey dem say go reach #1300 in dis December come dey possible because di wey I dey say the movement of these two people, nobody dey move again and dem just stagnant like that. Throughout last week dollar been dey N1400+ and till now him still dey like that and today na 12 to f November. The ending of this month and the Month of December, dollar go still go up. I been dey say, dollar go come down for the time when Trump say him go come invade Nigeria for the killing of Christians but nothing change.

Right now do price na 1$/N1454. Things go increase very soon.

For me, I think the speculation of 1$ hitting N1300 is actually possible before the ending of December, but not before December, because we barely have just 18 days more to go before December 2025. But however, one major factor that I think might be a contributing factor why Naira seems to be gaining strength now is the less demand for dollar for foreign exchanges. That is in regards to import duties, since most of the things we rely on are always imported. Most especially Crude oil. And ever since Dangote Refinary started supplying crude oil sufficiently to the people. This singular act has drastically reduced the demand for dollar, hence strengthening the Naira.

The main update go be on Weekends (Saturdays), but anyone who dey interested in updating this thread should indicate himself so I go tell u weti to do.
The above image shown the daily exchange rate.

• Bright lime green → Highest Rate
• Light orange → Lowest Rate
• Olive green → Closing Rate
• Yellow-orange → Simple Average Rate

You can see the rate represented by different colours in the image below.

Here is the daily breakdown of the $/₦ exchange rate.

Right now this is the current price in the $/₦ exchange rate.
Bybit >₦1,453
Bitget >₦1447
Currency Convert > ₦1441

The average today is = ₦1447

Make una dey use Bybit dey trade with usdt and not Bitget. And dont sell bitcoin in bybit because they go kill u with negotiation. And negotiation in biget is for all di coins. Trade wisely.
Naira dey gain massively this week. But things in the market and transportation fares e no dey come down.
If anyone dey interested to update this thread daily. let me know. I will update on am weekends.

Rate alone does not dictate the prices of goods (economical cost) of a country, the general economical cost of things is influenced by, demand and supply, cost of production, exportation and importation ratio.
So increase or decrease in dollar have no solid effect, rather these things influence the exchange rate and not the other way round, other things also affects exchange rates too, e.g if the country you are pairing with have a bit unstable or more stable economy, it will affect the exchange rate, so exchange rate do not entirely dictate the economy



You should know that P2P doesn't have a fixed price, it's a kind of trade too but it's influenced by the price is influenced by the trader, albeit within a specific range (some exchange will place a warning or ban the trade if price is too high or too low), so these things happen, as a poster said earlier, check the standard rate before initiating any trade