The black market rate for 18940 Dollars to Naira is 31,452,711 NGN as of today, 01:00 PM WAT.
When you convert 18940 US Dollars to Nigerian Naira, you get 31,452,711 NGN, using the rate of 0.000602 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.
| Currency Conversion | Black Market Rate in Naira |
|---|---|
| 18940 Dollars to Naira | 31,452,711 |
| 18940 Tether USD to Naira | 31,499,114 |
| 18940 British Pounds to Naira | 37,341,914.6 |
| 18940 Euros to Naira | 31,323,350.8 |
Last 7 days, 18940 USD was traded for 31,452,702 NGN, yesterday it went for 31,452,709.5 NGN, and today it averages 31,452,711 Naira. Here is the complete price chart in the last 7 days. Compare the daily prices for 18940 US Dollars against the Nigerian Naira, and the price movements for the week.
| Date | Conversion Rate |
|---|---|
| Sunday, 12th January 2025 | $18940 = 31,452,711 Naira |
| Saturday, 11th January 2025 | $18940 = 31,452,709.5 Naira |
| Friday, 10th January 2025 | $18940 = 31,452,708 Naira |
| Thursday, 9th January 2025 | $18940 = 31,452,706.5 Naira |
| Wednesday, 8th January 2025 | $18940 = 31,452,705 Naira |
| Tuesday, 7th January 2025 | $18940 = 31,452,703.5 Naira |
| Monday, 6th January 2025 | $18940 = 31,452,702 Naira |
| US Dollars | Naira Equivalent (NGN) |
|---|---|
| 1 Dollars (USD) to Naira | 1,660.65 |
| 10 Dollars (USD) to Naira | 16,606.5 |
| 20 Dollars (USD) to Naira | 33,213 |
| 30 Dollars (USD) to Naira | 49,819.5 |
| 40 Dollars (USD) to Naira | 66,426 |
| 50 Dollars (USD) to Naira | 83,032.5 |
| 60 Dollars (USD) to Naira | 99,639 |
| 70 Dollars (USD) to Naira | 116,245.5 |
| 80 Dollars (USD) to Naira | 132,852 |
| 90 Dollars (USD) to Naira | 149,458.5 |
| 100 Dollars (USD) to Naira | 166,065 |
| 200 Dollars (USD) to Naira | 332,130 |
| 300 Dollars (USD) to Naira | 498,195 |
| 500 Dollars (USD) to Naira | 830,325 |
| 700 Dollars (USD) to Naira | 1,162,455 |
| 1,000 Dollars (USD) to Naira | 1,660,650 |
| 1,500 Dollars (USD) to Naira | 2,490,975 |
| 2,000 Dollars (USD) to Naira | 3,321,300 |
| 3,000 Dollars (USD) to Naira | 4,981,950 |
| 5,000 Dollars (USD) to Naira | 8,303,250 |
| 10,000 Dollars (USD) to Naira | 16,606,500 |
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.
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.