NAIRA/USD ($/₦) Daily Excange Rate Stat.

[odunybiz]

Here is the daily breakdown of the $/₦ exchange rate for today(30/12/2025):


Parallel market      ₦N1,720(lowest)       ₦1,735(highest)

Naira depreciate alittle again today when compare with it's price yesterday. Seems naira unstalibity with USD has started as we see in increase in price today. The parallel market has increased highly suddenly with an increase of around #200 since yesterday and this as remain till today. I think this has occur due to the demand for dollar in this festive period. I think this parallel market rate should affect exchange rate(i.e bybit and bitget), but till now exchange rate remain so low when compare to this parallel market rate.

BTC corner:
1 BTC = $88426.10(Binance)
Equivalent in naira = ₦128,627,762.37 (https://www.google.com/finance/quote/BTC-NGN?sa=X&ved=2ahUKEwjB7eCZjsWRAxU9V0EAHUbOHMoQ-fUHegQIIhAe)
Difference from yesterday price in naira = +₦1,923,881.05
(Price made around 11:00pm forum time)

[odunybiz]

Here is the daily breakdown of the $/₦ exchange rate for today(31/12/2025):


Parallel market      ₦1,475(lowest)       ₦1,490(highest)
.Naira depreciate alittle again today when compare with it's price yesterday. Seems naira unstalibity with USD has started as we see in increase in price today. The parallel market has increased highly suddenly with an increase of around #200 since yesterday and this as remain till today. I think this has occur due to the demand for dollar in this festive period. I think this parallel market rate should affect exchange rate(i.e bybit and bitget), but till now exchange rate remain so low when compare to this parallel market rate.

BTC corner:
1 BTC = $87904.07(Binance)
Equivalent in naira = ₦126,933,978.39 (https://www.google.com/finance/quote/BTC-NGN?sa=X&ved=2ahUKEwjB7eCZjsWRAxU9V0EAHUbOHMoQ-fUHegQIIhAe)
Difference from yesterday price in naira = +₦1,923,881.05
(Price made around 7:33pm forum time)

[Jubilee58]

As of today the price of $1 is equal to 1463.4. dollar is still gaining strength against naira. The Nigerian naira is still very weak and is one of the reasons for inflation in the country, is also affecting Nigerians in the international market.

Nigeria is a country with many mineral resources and having a bicameral relationship in times of trade with many developed nations. therefore, our fiat currency ought not to be weak because of our relevance in the international market.

What shall we do to restore the strength of our naira currency? To restore our fiat currency, the federal government and central bank of Nigeria should reduce excess money in circulation and stop floating of our currency. This will help in restoring naira currency.