Exchange rate on November 3, 2026: Naira appreciates against the dollar

The naira appreciated on the official foreign exchange market, moving from 1,347.94 to 1,346.93 naira per dollar, according to Central Bank of Nigeria data. That was a day-to-day gain of 1.01 naira. On the parallel market, the rate held steady at 1,390 naira per dollar. Nigeria’s external reserves fell to $55.16 billion on November 2 from $55.22 billion on October 30.