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.
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.
