1000 Dollars to Naira Black Market Today

The black market rate for 1000 Dollars to Naira is 1,646,420 NGN as of today, 03:35 AM WAT.

1000 USD = 1,646,420 NGN
* 1 USD = 1,646.42 NGN* 1 NGN = 0.00061 USD
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How much is 1000 US Dollars in Naira?

When you convert 1000 US Dollars to Nigerian Naira, you get 1,646,420 NGN, using the rate of 0.000607 USD for 1 NGN. *This rate is obtained using the black market average across various unofficial channels outside the CBN.

You can use the currency converter above to check USD rates and it’s NGN equivalent. See also our USDT to Naira converter.

1000 Dollars to Naira when compared to other Currencies

Currency ConversionBlack Market Rate in Naira
1000 Dollars to Naira1,646,420
1000 Tether USD to Naira1,646,320
1000 British Pounds to Naira2,009,960
1000 Euros to Naira1,661,860

Other Amounts

1000 USD to NGN Price History (Last 7 Days)

Last 7 days, 1000 USD was traded for 1,646,411 NGN, yesterday it went for 1,646,418.5 NGN, and today it averages 1,646,420 Naira. Here is the complete price chart in the last 7 days. Compare the daily prices for  1000 US Dollars against the Nigerian Naira, and the price movements for the week.

DateConversion Rate
Tuesday, 24th December 2024$1000 = 1,646,420 Naira
Monday, 23rd December 2024$1000 = 1,646,418.5 Naira
Sunday, 22nd December 2024$1000 = 1,646,417 Naira
Saturday, 21st December 2024$1000 = 1,646,415.5 Naira
Friday, 20th December 2024$1000 = 1,646,414 Naira
Thursday, 19th December 2024$1000 = 1,646,412.5 Naira
Wednesday, 18th December 2024$1000 = 1,646,411 Naira

USD to Naira Conversion Rate Table

Currency Information

USD (Black Market Dollars)

In Nigeria, the black market for USD (Black Market Dollars) refers to the unofficial exchange of U.S. dollars at rates significantly higher than the official rate set by the Central Bank of Nigeria. This unregulated parallel market reflects economic pressures such as inflation, foreign exchange shortages, and regulatory constraints.

Naira (NGN)

The Nigerian Naira (NGN), represented by the symbol ₦, is Nigeria's official currency. It is issued by the Central Bank of Nigeria and is used for all domestic transactions, available in both coin and banknote forms.

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