The black market rate for 20005 Dollars to Naira is 33,550,385.5 NGN as of today, 07:24 AM WAT.
When you convert 20005 US Dollars to Nigerian Naira, you get 33,550,385.5 NGN, using the rate of 0.000596 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 |
|---|---|
| 20005 Dollars to Naira | 33,550,385.5 |
| 20005 Tether USD to Naira | 33,303,323.75 |
| 20005 British Pounds to Naira | 43,674,395.87 |
| 20005 Euros to Naira | 36,608,949.95 |
Last 7 days, 20005 USD was traded for 33,550,376.5 NGN, yesterday it went for 33,550,384 NGN, and today it averages 33,550,385.5 Naira. Here is the complete price chart in the last 7 days. Compare the daily prices for 20005 US Dollars against the Nigerian Naira, and the price movements for the week.
| Date | Conversion Rate |
|---|---|
| Monday, 23rd September 2024 | $20005 = 33,550,385.5 Naira |
| Sunday, 22nd September 2024 | $20005 = 33,550,384 Naira |
| Saturday, 21st September 2024 | $20005 = 33,550,382.5 Naira |
| Friday, 20th September 2024 | $20005 = 33,550,381 Naira |
| Thursday, 19th September 2024 | $20005 = 33,550,379.5 Naira |
| Wednesday, 18th September 2024 | $20005 = 33,550,378 Naira |
| Tuesday, 17th September 2024 | $20005 = 33,550,376.5 Naira |
| US Dollars | Naira Equivalent (NGN) |
|---|---|
| 1 Dollars (USD) to Naira | 1,677.1 |
| 10 Dollars (USD) to Naira | 16,771 |
| 20 Dollars (USD) to Naira | 33,542 |
| 30 Dollars (USD) to Naira | 50,313 |
| 40 Dollars (USD) to Naira | 67,084 |
| 50 Dollars (USD) to Naira | 83,855 |
| 60 Dollars (USD) to Naira | 100,626 |
| 70 Dollars (USD) to Naira | 117,397 |
| 80 Dollars (USD) to Naira | 134,168 |
| 90 Dollars (USD) to Naira | 150,939 |
| 100 Dollars (USD) to Naira | 167,710 |
| 200 Dollars (USD) to Naira | 335,420 |
| 300 Dollars (USD) to Naira | 503,130 |
| 500 Dollars (USD) to Naira | 838,550 |
| 700 Dollars (USD) to Naira | 1,173,970 |
| 1,000 Dollars (USD) to Naira | 1,677,100 |
| 1,500 Dollars (USD) to Naira | 2,515,650 |
| 2,000 Dollars (USD) to Naira | 3,354,200 |
| 3,000 Dollars (USD) to Naira | 5,031,300 |
| 5,000 Dollars (USD) to Naira | 8,385,500 |
| 10,000 Dollars (USD) to Naira | 16,771,000 |
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.