The black market rate for 40500 Dollars to Naira is 65,488,905 NGN as of today, 05:40 AM WAT.
When you convert 40500 US Dollars to Nigerian Naira, you get 65,488,905 NGN, using the rate of 0.000618 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 |
|---|---|
| 40500 Dollars to Naira | 65,488,905 |
| 40500 Tether USD to Naira | 65,516,850 |
| 40500 British Pounds to Naira | 80,380,350 |
| 40500 Euros to Naira | 66,564,990 |
Last 7 days, 40500 USD was traded for 65,488,896 NGN, yesterday it went for 65,488,903.5 NGN, and today it averages 65,488,905 Naira. Here is the complete price chart in the last 7 days. Compare the daily prices for 40500 US Dollars against the Nigerian Naira, and the price movements for the week.
| Date | Conversion Rate |
|---|---|
| Wednesday, 25th December 2024 | $40500 = 65,488,905 Naira |
| Tuesday, 24th December 2024 | $40500 = 65,488,903.5 Naira |
| Monday, 23rd December 2024 | $40500 = 65,488,902 Naira |
| Sunday, 22nd December 2024 | $40500 = 65,488,900.5 Naira |
| Saturday, 21st December 2024 | $40500 = 65,488,899 Naira |
| Friday, 20th December 2024 | $40500 = 65,488,897.5 Naira |
| Thursday, 19th December 2024 | $40500 = 65,488,896 Naira |
| US Dollars | Naira Equivalent (NGN) |
|---|---|
| 1 Dollars (USD) to Naira | 1,617.01 |
| 10 Dollars (USD) to Naira | 16,170.1 |
| 20 Dollars (USD) to Naira | 32,340.2 |
| 30 Dollars (USD) to Naira | 48,510.3 |
| 40 Dollars (USD) to Naira | 64,680.4 |
| 50 Dollars (USD) to Naira | 80,850.5 |
| 60 Dollars (USD) to Naira | 97,020.6 |
| 70 Dollars (USD) to Naira | 113,190.7 |
| 80 Dollars (USD) to Naira | 129,360.8 |
| 90 Dollars (USD) to Naira | 145,530.9 |
| 100 Dollars (USD) to Naira | 161,701 |
| 200 Dollars (USD) to Naira | 323,402 |
| 300 Dollars (USD) to Naira | 485,103 |
| 500 Dollars (USD) to Naira | 808,505 |
| 700 Dollars (USD) to Naira | 1,131,907 |
| 1,000 Dollars (USD) to Naira | 1,617,010 |
| 1,500 Dollars (USD) to Naira | 2,425,515 |
| 2,000 Dollars (USD) to Naira | 3,234,020 |
| 3,000 Dollars (USD) to Naira | 4,851,030 |
| 5,000 Dollars (USD) to Naira | 8,085,050 |
| 10,000 Dollars (USD) to Naira | 16,170,100 |
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.