
Currency News Today: Naira Exchange Rates Against Dollar, Pound, Euro and Crypto – Wednesday, November 4, 2026
Naira Exchange Rates Today: Dollar, Pound, Euro and Cryptocurrency Prices – November 4, 2026
Wednesday, November 4, 2026
The Nigerian naira is trading at different rates across the official foreign exchange market and the parallel market on Wednesday, November 4, 2026.
The latest available market data puts the US dollar at approximately ₦1,346.93 at the official window. Meanwhile, parallel-market dealers are quoting the dollar at around ₦1,390.
Consequently, Nigerians buying foreign currency for travel, business, education and international payments should compare rates before completing transactions.
The British pound and euro are also trading above the dollar in naira terms. In addition, cryptocurrency prices continue to fluctuate across trading platforms.
Official and Black Market Exchange Rates Today
The table below compares selected official and parallel-market exchange rates. Official figures are based on published market data, while parallel-market rates are indicative dealer quotes.
| Currency | Code | Official Buy (₦) | Official Sell (₦) | Black Market Buy (₦) | Black Market Sell (₦) |
|---|---|---|---|---|---|
| US Dollar | USD | 1,345.93 | 1,346.93 | 1,380 | 1,390 |
| British Pound | GBP | 1,806.37 | 1,807.72 | 1,810 | 1,860 |
| Euro | EUR | 1,511.13 | 1,512.25 | 1,520 | 1,560 |
| Chinese Yuan | CNY | 201.76 | 201.91 | — | 210.60 |
| Japanese Yen | JPY | 8.51 | 8.51 | — | — |
| Canadian Dollar | CAD | 963.80 | 963.80 | — | 1,210 |
| Australian Dollar | AUD | 940.70 | 940.70 | 963.80 | 970.70 |
| UAE Dirham | AED | 366.70 | 366.70 | 375.80 | 378.50 |
| Ghanaian Cedi | GHS | 115.30 | 115.30 | 100 | 115 |
| South African Rand | ZAR | 81.37 | 81.37 | 82.94 | 83.54 |
Note: Buy rates indicate what a dealer pays when buying foreign currency from a customer. Sell rates indicate what a customer pays to purchase foreign currency. Rates may differ by location, provider and transaction size.
Cryptocurrency Prices in Naira Today
Cryptocurrency prices are not fixed. They change with global trading activity, platform liquidity and the naira conversion rate.
| Cryptocurrency | Ticker | Indicative Price (₦) |
|---|---|---|
| Bitcoin | BTC | 99,822,596 |
| Ethereum | ETH | 3,056,850 |
| Tether | USDT | 1,355.69 |
| USD Coin | USDC | 1,357.32 |
| BNB | BNB | 931,359 |
| Solana | SOL | 123,951 |
| TRON | TRX | 436.52 |
| Dogecoin | DOGE | 99.74 |
| Litecoin | LTC | 72,150 |
| Bitcoin Cash | BCH | 366,104 |
Cryptocurrency figures are indicative platform prices and may differ from exchange to exchange. Trading fees and spreads may also affect the final amount received.
Why Exchange Rates Matter to Nigerians
Exchange rates affect the cost of imported goods, international tuition, travel expenses and business payments.
For example, a weaker naira can increase the local cost of imported products. It can also raise expenses for companies that depend on foreign materials.
However, Nigerians receiving money from abroad may receive more naira when foreign currencies strengthen against the local currency.
Therefore, consumers and businesses should monitor official and parallel-market rates before making significant foreign currency transactions.
What to Watch in the Forex Market
Market participants will continue to monitor foreign currency supply, demand from importers, liquidity conditions and policy decisions by the Central Bank of Nigeria.
These factors can influence the naira’s direction in the coming sessions. Nevertheless, exchange rates can change quickly, and today’s figures should not be treated as guaranteed future prices.
Disclaimer: This report is for informational purposes only and does not constitute financial or investment advice. Rates are indicative and subject to change. Confirm current prices with your bank, licensed bureau de change or trading platform before transacting.
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