The Naira traded at approximately ₦1,347.44 per dollar at the Nigerian Foreign Exchange Market (NFEM), while the US dollar sold for about ₦1,395 in the parallel market on Tuesday, November 3, 2026.Nigerian travel guide

The latest official NFEM rate represents the most recent available market quotation, while parallel-market rates vary depending on location and currency dealers.

In the parallel market, Bureau de Change operators quoted the dollar at approximately ₦1,380 for buying and ₦1,395 for selling.

At these rates, $100 exchanges for approximately ₦134,744 at the official market and ₦139,500 at the parallel market.

The difference between the official and parallel-market selling rates is about ₦47.56 per dollar.

Nigerians are advised to confirm prevailing rates with authorised dealers before conducting foreign exchange transactions.

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