The black market rate for 28942 Dollars to Naira is 49,013,277 NGN as of today, 09:26 AM WAT.
When you convert 28942 US Dollars to Nigerian Naira, you get 49,013,277 NGN, using the rate of 0.000590 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 |
|---|---|
| 28942 Dollars to Naira | 49,013,277 |
| 28942 Tether USD to Naira | 48,557,440.5 |
| 28942 British Pounds to Naira | 63,504,275.922 |
| 28942 Euros to Naira | 52,978,041.58 |
Last 7 days, 28942 USD was traded for 49,013,268 NGN, yesterday it went for 49,013,275.5 NGN, and today it averages 49,013,277 Naira. Here is the complete price chart in the last 7 days. Compare the daily prices for 28942 US Dollars against the Nigerian Naira, and the price movements for the week.
| Date | Conversion Rate |
|---|---|
| Friday, 27th September 2024 | $28942 = 49,013,277 Naira |
| Thursday, 26th September 2024 | $28942 = 49,013,275.5 Naira |
| Wednesday, 25th September 2024 | $28942 = 49,013,274 Naira |
| Tuesday, 24th September 2024 | $28942 = 49,013,272.5 Naira |
| Monday, 23rd September 2024 | $28942 = 49,013,271 Naira |
| Sunday, 22nd September 2024 | $28942 = 49,013,269.5 Naira |
| Saturday, 21st September 2024 | $28942 = 49,013,268 Naira |
| US Dollars | Naira Equivalent (NGN) |
|---|---|
| 1 Dollars (USD) to Naira | 1,693.5 |
| 10 Dollars (USD) to Naira | 16,935 |
| 20 Dollars (USD) to Naira | 33,870 |
| 30 Dollars (USD) to Naira | 50,805 |
| 40 Dollars (USD) to Naira | 67,740 |
| 50 Dollars (USD) to Naira | 84,675 |
| 60 Dollars (USD) to Naira | 101,610 |
| 70 Dollars (USD) to Naira | 118,545 |
| 80 Dollars (USD) to Naira | 135,480 |
| 90 Dollars (USD) to Naira | 152,415 |
| 100 Dollars (USD) to Naira | 169,350 |
| 200 Dollars (USD) to Naira | 338,700 |
| 300 Dollars (USD) to Naira | 508,050 |
| 500 Dollars (USD) to Naira | 846,750 |
| 700 Dollars (USD) to Naira | 1,185,450 |
| 1,000 Dollars (USD) to Naira | 1,693,500 |
| 1,500 Dollars (USD) to Naira | 2,540,250 |
| 2,000 Dollars (USD) to Naira | 3,387,000 |
| 3,000 Dollars (USD) to Naira | 5,080,500 |
| 5,000 Dollars (USD) to Naira | 8,467,500 |
| 10,000 Dollars (USD) to Naira | 16,935,000 |
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.