CBN Official Naira to Dollar exchange rate today July 25 2023

0
Dollar to Naira black market exchange rate today
CBN Official Naira to Dollar rate today , Latest CBN Exchange Rate for Naira to Dollar – Nigerian naira to US dollar. CBN Exchange rate today, July 25, 2025.

The Central Bank of Nigeria (CBN) publishes the daily exchange rate of the Nigerian naira to the US dollar. This information is crucial for businesses and individuals who need to convert between the two currencies.

As of July 25, 2025, the latest data from the Central Bank of Nigeria (CBN), the Official exchange rate of dollar to naira CBN rate today  is as follows:.

Official naira to dollar rate today

 

  • Buying rate: 792.00 naira per US dollar
  • Selling rate: 793.00 naira per US dollar

The CBN Official naira to dollar, effective as of today, play a significant role in facilitating financial transactions and conversions between the Nigerian naira and the US dollar. It is important to note that exchange rates may fluctuate in response to market conditions and other factors.

Advertisement

CBN Official dollar to Naira yesterday

The Nigerian Naira to the US Dollar closed yesterday at 776.50793.80

 

Read Also Dollar to naira black market today July 25, 2023 | abokifx

Advertisement

 

Important Notice: The Investors & Exporters FX window ( I&E FX Window) is now the CBN Official Naira to Dollar exchange rate.

This means that if you want to buy 1 US dollar, you will need to pay 792.00 naira. And for those  who want to sell 1 US dollar, you will receive 793.00 naira.

The exchange rate can fluctuate from day to day, so it is important to check the CBN website for the latest rates before making any transactions.

Advertisements

 

Nigerian Equities Market Witnesses Impressive Growth.

The equities market displayed a bullish performance in the past week, witnessing a substantial increase in the aggregate value of listed equities by N1.33 trillion, representing a 3.89% surge. As a result, the market capitalization rose from N34.069 trillion in the previous week to N35.395 trillion at the close. This upward trend was fueled by strong demand for blue-chip stocks and an overall improvement in investor sentiment.

 

The NGX All-Share Index (ASI) demonstrated an impressive growth, recording a remarkable increase of 2,433.66 points in the week ending on Friday. The index closed at 65,003.39 points, showing a significant 3.89% rise compared to the prior week’s closing figure of 62,569.73 points. Notably, the market reached its highest index point for the week at 65,003.39 points, underscoring the positive momentum driving the market.

 

In contrast, the market’s lowest index point during the week stood at 62,943.35 points, recorded on Monday, 17th July 2023. Despite this brief dip, the market quickly rebounded and continued its upward trajectory, reinforcing the positive trend observed in the current month.

Advertisements

 

The Nigerian stock market has shown strong performance throughout the month, with an overall increase of 6.62% in its performance. Additionally, the market’s annual return has been impressive, reaching 26.83%. This signifies the resilience and growth potential of the Nigerian economy, portraying it as an attractive investment destination for both local and international investors.

 

 

Here are some of the factors that can affect the CBN exchange rate between the Nigerian naira and the US dollar:

Advertisements
  • Demand and supply: If there is more demand for the US dollar than there is supply, the exchange rate will go up. Conversely, if there is more supply of the US dollar than there is demand, the exchange rate will go down.
  • Economic factors: The state of the Nigerian economy and the US economy can also affect the exchange rate. For example, if the Nigerian economy is doing well, the naira will be more valuable. Conversely, if the Nigerian economy is doing poorly, the naira will be less valuable.
  • Political factors: Political instability in Nigeria or the US can also affect the exchange rate. For example, if there is a coup in Nigeria, the naira will likely lose value.

Dollar To Naira today, CBN Official naira to dollar today - Nigerian naira to US dollar

If you are planning to travel to Nigeria or the US, it is important to factor in the exchange rate when budgeting for your trip. You can use a currency converter to get an estimate of how much your money will be worth in the other currency.

Advertisements

You can also check the CBN website for the latest exchange rates. The website also has a currency converter that you can use.

Advertisements

That is all for now in the Official Naira to Dollar exchange rate today which is all the I & E dollar to naira exchange.

Thanks for reading CBN Official naira to dollar exchange rate today.  l hope this cbn exchange rate us dollar to naira post has been helpful. If you have any questions, please feel free to leave a comment below.

Advertisement
Advertisements

Advertisements

Advertisement

LEAVE A REPLY

Please enter your comment!
Please enter your name here