The black market rate for 34970 Dollars to Naira is 59,417,527 NGN as of today, 07:34 AM WAT.
When you convert 34970 US Dollars to Nigerian Naira, you get 59,417,527 NGN, using the rate of 0.000589 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 |
|---|---|
| 34970 Dollars to Naira | 59,417,527 |
| 34970 Tether USD to Naira | 59,073,771.9 |
| 34970 British Pounds to Naira | 76,730,859.27 |
| 34970 Euros to Naira | 64,012,235.3 |
Last 7 days, 34970 USD was traded for 59,417,518 NGN, yesterday it went for 59,417,525.5 NGN, and today it averages 59,417,527 Naira. Here is the complete price chart in the last 7 days. Compare the daily prices for 34970 US Dollars against the Nigerian Naira, and the price movements for the week.
| Date | Conversion Rate |
|---|---|
| Sunday, 29th September 2024 | $34970 = 59,417,527 Naira |
| Saturday, 28th September 2024 | $34970 = 59,417,525.5 Naira |
| Friday, 27th September 2024 | $34970 = 59,417,524 Naira |
| Thursday, 26th September 2024 | $34970 = 59,417,522.5 Naira |
| Wednesday, 25th September 2024 | $34970 = 59,417,521 Naira |
| Tuesday, 24th September 2024 | $34970 = 59,417,519.5 Naira |
| Monday, 23rd September 2024 | $34970 = 59,417,518 Naira |
| US Dollars | Naira Equivalent (NGN) |
|---|---|
| 1 Dollars (USD) to Naira | 1,699.1 |
| 10 Dollars (USD) to Naira | 16,991 |
| 20 Dollars (USD) to Naira | 33,982 |
| 30 Dollars (USD) to Naira | 50,973 |
| 40 Dollars (USD) to Naira | 67,964 |
| 50 Dollars (USD) to Naira | 84,955 |
| 60 Dollars (USD) to Naira | 101,946 |
| 70 Dollars (USD) to Naira | 118,937 |
| 80 Dollars (USD) to Naira | 135,928 |
| 90 Dollars (USD) to Naira | 152,919 |
| 100 Dollars (USD) to Naira | 169,910 |
| 200 Dollars (USD) to Naira | 339,820 |
| 300 Dollars (USD) to Naira | 509,730 |
| 500 Dollars (USD) to Naira | 849,550 |
| 700 Dollars (USD) to Naira | 1,189,370 |
| 1,000 Dollars (USD) to Naira | 1,699,100 |
| 1,500 Dollars (USD) to Naira | 2,548,650 |
| 2,000 Dollars (USD) to Naira | 3,398,200 |
| 3,000 Dollars (USD) to Naira | 5,097,300 |
| 5,000 Dollars (USD) to Naira | 8,495,500 |
| 10,000 Dollars (USD) to Naira | 16,991,000 |
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.