The black market rate for 38480 Dollars to Naira is 63,901,812 NGN as of today, 01:05 PM WAT.
When you convert 38480 US Dollars to Nigerian Naira, you get 63,901,812 NGN, using the rate of 0.000602 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 |
|---|---|
| 38480 Dollars to Naira | 63,901,812 |
| 38480 Tether USD to Naira | 63,996,088 |
| 38480 British Pounds to Naira | 75,866,783.2 |
| 38480 Euros to Naira | 63,638,993.6 |
Last 7 days, 38480 USD was traded for 63,901,803 NGN, yesterday it went for 63,901,810.5 NGN, and today it averages 63,901,812 Naira. Here is the complete price chart in the last 7 days. Compare the daily prices for 38480 US Dollars against the Nigerian Naira, and the price movements for the week.
| Date | Conversion Rate |
|---|---|
| Sunday, 12th January 2025 | $38480 = 63,901,812 Naira |
| Saturday, 11th January 2025 | $38480 = 63,901,810.5 Naira |
| Friday, 10th January 2025 | $38480 = 63,901,809 Naira |
| Thursday, 9th January 2025 | $38480 = 63,901,807.5 Naira |
| Wednesday, 8th January 2025 | $38480 = 63,901,806 Naira |
| Tuesday, 7th January 2025 | $38480 = 63,901,804.5 Naira |
| Monday, 6th January 2025 | $38480 = 63,901,803 Naira |
| US Dollars | Naira Equivalent (NGN) |
|---|---|
| 1 Dollars (USD) to Naira | 1,660.65 |
| 10 Dollars (USD) to Naira | 16,606.5 |
| 20 Dollars (USD) to Naira | 33,213 |
| 30 Dollars (USD) to Naira | 49,819.5 |
| 40 Dollars (USD) to Naira | 66,426 |
| 50 Dollars (USD) to Naira | 83,032.5 |
| 60 Dollars (USD) to Naira | 99,639 |
| 70 Dollars (USD) to Naira | 116,245.5 |
| 80 Dollars (USD) to Naira | 132,852 |
| 90 Dollars (USD) to Naira | 149,458.5 |
| 100 Dollars (USD) to Naira | 166,065 |
| 200 Dollars (USD) to Naira | 332,130 |
| 300 Dollars (USD) to Naira | 498,195 |
| 500 Dollars (USD) to Naira | 830,325 |
| 700 Dollars (USD) to Naira | 1,162,455 |
| 1,000 Dollars (USD) to Naira | 1,660,650 |
| 1,500 Dollars (USD) to Naira | 2,490,975 |
| 2,000 Dollars (USD) to Naira | 3,321,300 |
| 3,000 Dollars (USD) to Naira | 4,981,950 |
| 5,000 Dollars (USD) to Naira | 8,303,250 |
| 10,000 Dollars (USD) to Naira | 16,606,500 |
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.