The dollar to naira today, Tuesday, November 10, 2026, shows a wide gap between official and street rates. The dollar sold for about ₦1,415 to ₦1,425 on the black market, according to Aboki Forex. Meanwhile, the latest official rate from the Nigerian Foreign Exchange Market (NFEM) stood at ₦1,346.79 per dollar.
The Central Bank of Nigeria (CBN) published that official figure as Friday’s closing rate. It marked a small gain from ₦1,348.74 the day before. The official window moved by only a naira or two all week, and the NFEM does not trade on weekends. Moreover, the naira stays nearly 7 percent stronger than at the start of the year, when it opened near ₦1,446 per dollar.
Black market rates tell a different story. Dealers set their own prices, so quotes vary by city and operator. Aboki Forex listed ₦1,415 for buying and ₦1,425 for selling early on Tuesday. However, other trackers put the dollar between ₦1,390 and ₦1,415 on Monday, and one report said it reached ₦1,430. Consequently, the gap between the official and parallel rates ranges from roughly ₦43 to ₦83 per dollar.
Other major currencies also trade well above their official prices on the street. The pound sold for about ₦1,850 and the euro for about ₦1,560 on Monday, according to one rate tracker. In contrast, the official NFEM-based rates were ₦1,802.96 for the pound and ₦1,503.54 for the euro. The table below compares the main rates.
Naira exchange rates, November 10, 2026
| Currency | Official rate (₦) | Black market (₦) |
|---|---|---|
| US Dollar (USD) | 1,346.79 | 1,415 buy / 1,425 sell |
| British Pound (GBP) | 1,802.96 | 1,850 |
| Euro (EUR) | 1,503.54 | 1,560 |
| UAE Dirham (AED) | 366.53 | Not quoted |
| Chinese Yuan (CNY) | 201.80 | Not quoted |
| Ghanaian Cedi (GHS) | 115.36 | Not quoted |
| South African Rand (ZAR) | 81.42 | Not quoted |
Cryptocurrency markets, meanwhile, stayed under pressure. Bitcoin slipped toward $75,000 after more than $1 billion in leveraged positions were liquidated. Ethereum fared worse, dropping to about $2,140 and losing roughly 7.4 percent over the week. In addition, investors pulled money out of spot crypto exchange-traded funds, which added to the selling.
Cryptocurrency prices, November 10, 2026
| Coin | Price (USD) | 24-hour change |
|---|---|---|
| Bitcoin (BTC) | $75,337 | -0.83% |
| Ethereum (ETH) | $2,140.53 | -4.37% |
| XRP | $1.11 | -3.93% |
| BNB | $690.02 | -1.02% |
| Solana (SOL) | $87.68 | -2.09% |
| Hyperliquid (HYPE) | $76.40 | -1.6% |
| Cardano (ADA) | $0.1819 | +0.76% |
The wide gap between official and street rates affects many Nigerians. Importers, students abroad and travellers all feel it when they buy foreign currency. Therefore, the difference shows that demand for dollars outside the banking system remains strong. Still, the official market has stayed calm for weeks, which gives businesses a more predictable benchmark.
Buyers should confirm prices with their dealer before they trade, because street rates change quickly during the day. Crypto prices also move fast, so check a live tracker before you act. Soj World News will update these figures as new data arrives. This report is for information only and is not financial advice.
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