Naira strengthens against dollar November 28 2025: Official ₦1,444/$ (up 0.5%), black ₦1,450, weekly trends, factors (CBN auction, oil), tips & impacts for Nigerians. 

The Nigerian naira finally caught a breather today, trading stronger against the US dollar in a welcome shift after months of relentless pressure. As of November 28, 2025, the official NAFEM rate hit ₦1,444.38 per dollar—a modest 0.5% gain from yesterday's ₦1,450 close—while the black market eased to ₦1,450 buy / ₦1,460 sell, down from mid-week highs of ₦1,472. This naira strengthens against dollar moment, fueled by CBN interventions and seasonal inflows, offers Nigerians a glimmer of relief amid 28% inflation and rising import costs. Whether you're remitting funds or planning imports, this guide unpacks today's rates, weekly trends, driving factors, and practical tips to make your naira go further in 2025.

From black market stability to potential holiday boosts, here's your snapshot of the forex scene.

Today's Naira to Dollar Exchange Rate Breakdown (November 28, 2025)

Nigeria's dual forex system shows the naira holding ground across markets, with the official window leading the recovery.

• NAFEM (Official) Rate: ₦1,444.38/$ (down from ₦1,450 yesterday; weekly low ₦1,441 on Tuesday).
• Black Market (Parallel): Buy ₦1,450 / Sell ₦1,460 (stable vs. ₦1,457 average; Lagos/Abuja dealers report low volume).
• Interbank Average: ₦1,447.17/$ (Forbes data, mid-market with 1% spread).
• Global Mid-Rate: ₦1,444.38/$ (Xe.com, up 0.5% daily but down 6.76% YTD).

This marks the naira's strongest close since November 20, when it dipped to ₦1,472 amid dollar demand spikes. For live tracking, use Xe Currency Converter or CBN Exchange Rates.

Quick CTA: Lock in today's rate—head to Wise USD to NGN for low-fee transfers before it shifts!

Weekly Trends: How the Naira Performed Against the Dollar in Late November 2025

The naira clawed back from early-week weakness, ending November on a high note despite global headwinds.

• Monday (Nov 24): Weekly high ₦1,472.26/$ (official), driven by year-end dollar hoarding.
• Tuesday: Low ₦1,441/$ as CBN injected $200M via auction.
• Wednesday–Thursday: Steady at ₦1,450–₦1,457, with black market narrowing to ₦10 spreads.
• Friday (Nov 28): Strengthened to ₦1,444 official / ₦1,450 black, gaining 0.5% daily.

YTD, the naira is down 6.76% vs. dollar (average ₦0.0006538), but November's 2% monthly gain signals stabilization. Vanguard's daily update notes liquidity flows from remittances Vanguard Dollar to Naira.

Factors Driving the Naira's Recent Strength Against the Dollar

Several forces converged to bolster the naira this week, offering short-term optimism.

• CBN Interventions: $200M forex auction on Tuesday flooded markets, easing pressure from importers.
• Seasonal Inflows: Diaspora remittances peaked at $4B in Q4 (CBN data), with Black Friday boosting exports.
• Oil Price Rally: Brent crude at $75/barrel (up 3%) supports Nigeria's 90% dollar earnings.
• Speculative Easing: Reduced black market hoarding as traders anticipate December holidays.

However, risks loom: US Fed rate cuts could strengthen the dollar globally, while Nigeria's $32B reserves remain low. Investors King analyzes the rally Investors King Black Market.

What the Naira's Strength Means for Everyday Nigerians in 2025

This forex breather translates to real wins for consumers and businesses.

• Imports Cheaper: Electronics like iPhones drop 1–2% (e.g., iPhone 16 from ₦1.2M to ₦1.18M on Jumia).
• Travel Savings: Airfares to Dubai/London fall ₦10k–₦20k round-trip.
• Remittances Boost: Diaspora families receive 0.5% more naira per dollar sent.
• Business Edge: Exporters like cashew farmers gain on global sales.

For FX tips, see our 5 Best App to Borrow Money in Nigeria (2025 Update).

How to Make the Most of the Naira's Strength: Practical Tips

Lock in gains before volatility returns.

• Convert Dollars Now: Use Wise or Western Union for mid-market rates (₦1,447/$ with low fees).
• Budget Imports: Stock up on essentials like rice or gadgets—prices may rebound in December.
• Save in Naira Assets: Shift to fixed deposits (15–20% yields at GTBank) to hedge future weakness.
• Monitor Daily: Set alerts on AbokiFX app for black market shifts.

Opinion Nigeria tracks trends Opinion Nigeria Rates.

The naira strengthens against dollar on November 28, 2025—at ₦1,444 official and ₦1,450 black market—signals hope after a tough year, thanks to CBN boosts and oil upticks.

Convert your dollars today via Wise—secure your naira gains!

How will you spend your extra naira? Comment below! Share with family remitting abroad, and subscribe for daily forex updates. Ride the wave—your wallet wins!