The black market rate for 29960 Dollars to Naira is 47,940,494 NGN as of today, 08:14 PM WAT.
When you convert 29960 US Dollars to Nigerian Naira, you get 47,940,494 NGN, using the rate of 0.000625 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 |
|---|---|
| 29960 Dollars to Naira | 47,940,494 |
| 29960 Tether USD to Naira | 47,890,760.4 |
| 29960 British Pounds to Naira | 63,745,592.4 |
| 29960 Euros to Naira | 54,316,880.8 |
Last 7 days, 29960 USD was traded for 47,940,485 NGN, yesterday it went for 47,940,492.5 NGN, and today it averages 47,940,494 Naira. Here is the complete price chart in the last 7 days. Compare the daily prices for 29960 US Dollars against the Nigerian Naira, and the price movements for the week.
| Date | Conversion Rate |
|---|---|
| Monday, 28th April 2025 | $29960 = 47,940,494 Naira |
| Sunday, 27th April 2025 | $29960 = 47,940,492.5 Naira |
| Saturday, 26th April 2025 | $29960 = 47,940,491 Naira |
| Friday, 25th April 2025 | $29960 = 47,940,489.5 Naira |
| Thursday, 24th April 2025 | $29960 = 47,940,488 Naira |
| Wednesday, 23rd April 2025 | $29960 = 47,940,486.5 Naira |
| Tuesday, 22nd April 2025 | $29960 = 47,940,485 Naira |
| US Dollars | Naira Equivalent (NGN) |
|---|---|
| 1 Dollars (USD) to Naira | 1,600.15 |
| 10 Dollars (USD) to Naira | 16,001.5 |
| 20 Dollars (USD) to Naira | 32,003 |
| 30 Dollars (USD) to Naira | 48,004.5 |
| 40 Dollars (USD) to Naira | 64,006 |
| 50 Dollars (USD) to Naira | 80,007.5 |
| 60 Dollars (USD) to Naira | 96,009 |
| 70 Dollars (USD) to Naira | 112,010.5 |
| 80 Dollars (USD) to Naira | 128,012 |
| 90 Dollars (USD) to Naira | 144,013.5 |
| 100 Dollars (USD) to Naira | 160,015 |
| 200 Dollars (USD) to Naira | 320,030 |
| 300 Dollars (USD) to Naira | 480,045 |
| 500 Dollars (USD) to Naira | 800,075 |
| 700 Dollars (USD) to Naira | 1,120,105 |
| 1,000 Dollars (USD) to Naira | 1,600,150 |
| 1,500 Dollars (USD) to Naira | 2,400,225 |
| 2,000 Dollars (USD) to Naira | 3,200,300 |
| 3,000 Dollars (USD) to Naira | 4,800,450 |
| 5,000 Dollars (USD) to Naira | 8,000,750 |
| 10,000 Dollars (USD) to Naira | 16,001,500 |
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.