The black market rate for 20525 Dollars to Naira is 34,498,009.5 NGN as of today, 12:11 PM WAT.
When you convert 20525 US Dollars to Nigerian Naira, you get 34,498,009.5 NGN, using the rate of 0.000595 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 |
|---|---|
| 20525 Dollars to Naira | 34,498,009.5 |
| 20525 Tether USD to Naira | 33,875,691.5 |
| 20525 British Pounds to Naira | 44,773,666.025 |
| 20525 Euros to Naira | 37,399,218.25 |
Last 7 days, 20525 USD was traded for 34,498,000.5 NGN, yesterday it went for 34,498,008 NGN, and today it averages 34,498,009.5 Naira. Here is the complete price chart in the last 7 days. Compare the daily prices for 20525 US Dollars against the Nigerian Naira, and the price movements for the week.
| Date | Conversion Rate |
|---|---|
| Monday, 23rd September 2024 | $20525 = 34,498,009.5 Naira |
| Sunday, 22nd September 2024 | $20525 = 34,498,008 Naira |
| Saturday, 21st September 2024 | $20525 = 34,498,006.5 Naira |
| Friday, 20th September 2024 | $20525 = 34,498,005 Naira |
| Thursday, 19th September 2024 | $20525 = 34,498,003.5 Naira |
| Wednesday, 18th September 2024 | $20525 = 34,498,002 Naira |
| Tuesday, 17th September 2024 | $20525 = 34,498,000.5 Naira |
| US Dollars | Naira Equivalent (NGN) |
|---|---|
| 1 Dollars (USD) to Naira | 1,680.78 |
| 10 Dollars (USD) to Naira | 16,807.8 |
| 20 Dollars (USD) to Naira | 33,615.6 |
| 30 Dollars (USD) to Naira | 50,423.4 |
| 40 Dollars (USD) to Naira | 67,231.2 |
| 50 Dollars (USD) to Naira | 84,039 |
| 60 Dollars (USD) to Naira | 100,846.8 |
| 70 Dollars (USD) to Naira | 117,654.6 |
| 80 Dollars (USD) to Naira | 134,462.4 |
| 90 Dollars (USD) to Naira | 151,270.2 |
| 100 Dollars (USD) to Naira | 168,078 |
| 200 Dollars (USD) to Naira | 336,156 |
| 300 Dollars (USD) to Naira | 504,234 |
| 500 Dollars (USD) to Naira | 840,390 |
| 700 Dollars (USD) to Naira | 1,176,546 |
| 1,000 Dollars (USD) to Naira | 1,680,780 |
| 1,500 Dollars (USD) to Naira | 2,521,170 |
| 2,000 Dollars (USD) to Naira | 3,361,560 |
| 3,000 Dollars (USD) to Naira | 5,042,340 |
| 5,000 Dollars (USD) to Naira | 8,403,900 |
| 10,000 Dollars (USD) to Naira | 16,807,800 |
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.