The black market rate for 250 Dollars to Naira is 433,185 NGN as of today, 01:25 AM WAT.
When you convert 250 US Dollars to Nigerian Naira, you get 433,185 NGN, using the rate of 0.000577 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 |
|---|---|
| 250 Dollars to Naira | 433,185 |
| 250 Tether USD to Naira | 430,250 |
| 250 British Pounds to Naira | 539,749.25 |
| 250 Euros to Naira | 456,245 |
Last 7 days, 250 USD was traded for 433,176 NGN, yesterday it went for 433,183.5 NGN, and today it averages 433,185 Naira. Here is the complete price chart in the last 7 days. Compare the daily prices for 250 US Dollars against the Nigerian Naira, and the price movements for the week.
| Date | Conversion Rate |
|---|---|
| Wednesday, 6th November 2024 | $250 = 433,185 Naira |
| Tuesday, 5th November 2024 | $250 = 433,183.5 Naira |
| Monday, 4th November 2024 | $250 = 433,182 Naira |
| Sunday, 3rd November 2024 | $250 = 433,180.5 Naira |
| Saturday, 2nd November 2024 | $250 = 433,179 Naira |
| Friday, 1st November 2024 | $250 = 433,177.5 Naira |
| Thursday, 31st October 2024 | $250 = 433,176 Naira |
| US Dollars | Naira Equivalent (NGN) |
|---|---|
| 1 Dollars (USD) to Naira | 1,732.74 |
| 10 Dollars (USD) to Naira | 17,327.4 |
| 20 Dollars (USD) to Naira | 34,654.8 |
| 30 Dollars (USD) to Naira | 51,982.2 |
| 40 Dollars (USD) to Naira | 69,309.6 |
| 50 Dollars (USD) to Naira | 86,637 |
| 60 Dollars (USD) to Naira | 103,964.4 |
| 70 Dollars (USD) to Naira | 121,291.8 |
| 80 Dollars (USD) to Naira | 138,619.2 |
| 90 Dollars (USD) to Naira | 155,946.6 |
| 100 Dollars (USD) to Naira | 173,274 |
| 200 Dollars (USD) to Naira | 346,548 |
| 300 Dollars (USD) to Naira | 519,822 |
| 500 Dollars (USD) to Naira | 866,370 |
| 700 Dollars (USD) to Naira | 1,212,918 |
| 1,000 Dollars (USD) to Naira | 1,732,740 |
| 1,500 Dollars (USD) to Naira | 2,599,110 |
| 2,000 Dollars (USD) to Naira | 3,465,480 |
| 3,000 Dollars (USD) to Naira | 5,198,220 |
| 5,000 Dollars (USD) to Naira | 8,663,700 |
| 10,000 Dollars (USD) to Naira | 17,327,400 |
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.