The black market rate for 47000 Dollars to Naira is 73,735,950 NGN as of today, 03:16 PM WAT.
When you convert 47000 US Dollars to Nigerian Naira, you get 73,735,950 NGN, using the rate of 0.000637 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 |
|---|---|
| 47000 Dollars to Naira | 73,735,950 |
| 47000 Tether USD to Naira | 73,688,480 |
| 47000 British Pounds to Naira | 94,062,510 |
| 47000 Euros to Naira | 78,899,840 |
Last 7 days, 47000 USD was traded for 73,735,941 NGN, yesterday it went for 73,735,948.5 NGN, and today it averages 73,735,950 Naira. Here is the complete price chart in the last 7 days. Compare the daily prices for 47000 US Dollars against the Nigerian Naira, and the price movements for the week.
| Date | Conversion Rate |
|---|---|
| Saturday, 15th March 2025 | $47000 = 73,735,950 Naira |
| Friday, 14th March 2025 | $47000 = 73,735,948.5 Naira |
| Thursday, 13th March 2025 | $47000 = 73,735,947 Naira |
| Wednesday, 12th March 2025 | $47000 = 73,735,945.5 Naira |
| Tuesday, 11th March 2025 | $47000 = 73,735,944 Naira |
| Monday, 10th March 2025 | $47000 = 73,735,942.5 Naira |
| Sunday, 9th March 2025 | $47000 = 73,735,941 Naira |
| US Dollars | Naira Equivalent (NGN) |
|---|---|
| 1 Dollars (USD) to Naira | 1,568.85 |
| 10 Dollars (USD) to Naira | 15,688.5 |
| 20 Dollars (USD) to Naira | 31,377 |
| 30 Dollars (USD) to Naira | 47,065.5 |
| 40 Dollars (USD) to Naira | 62,754 |
| 50 Dollars (USD) to Naira | 78,442.5 |
| 60 Dollars (USD) to Naira | 94,131 |
| 70 Dollars (USD) to Naira | 109,819.5 |
| 80 Dollars (USD) to Naira | 125,508 |
| 90 Dollars (USD) to Naira | 141,196.5 |
| 100 Dollars (USD) to Naira | 156,885 |
| 200 Dollars (USD) to Naira | 313,770 |
| 300 Dollars (USD) to Naira | 470,655 |
| 500 Dollars (USD) to Naira | 784,425 |
| 700 Dollars (USD) to Naira | 1,098,195 |
| 1,000 Dollars (USD) to Naira | 1,568,850 |
| 1,500 Dollars (USD) to Naira | 2,353,275 |
| 2,000 Dollars (USD) to Naira | 3,137,700 |
| 3,000 Dollars (USD) to Naira | 4,706,550 |
| 5,000 Dollars (USD) to Naira | 7,844,250 |
| 10,000 Dollars (USD) to Naira | 15,688,500 |
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.