The black market rate for 47000 Dollars to Naira is 82,225,560 NGN as of today, 06:25 PM WAT.
When you convert 47000 US Dollars to Nigerian Naira, you get 82,225,560 NGN, using the rate of 0.000572 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 | 82,225,560 |
| 47000 Tether USD to Naira | 81,921,000 |
| 47000 British Pounds to Naira | 99,870,535 |
| 47000 Euros to Naira | 84,389,440 |
Last 7 days, 47000 USD was traded for 82,225,551 NGN, yesterday it went for 82,225,558.5 NGN, and today it averages 82,225,560 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 |
|---|---|
| Wednesday, 20th November 2024 | $47000 = 82,225,560 Naira |
| Tuesday, 19th November 2024 | $47000 = 82,225,558.5 Naira |
| Monday, 18th November 2024 | $47000 = 82,225,557 Naira |
| Sunday, 17th November 2024 | $47000 = 82,225,555.5 Naira |
| Saturday, 16th November 2024 | $47000 = 82,225,554 Naira |
| Friday, 15th November 2024 | $47000 = 82,225,552.5 Naira |
| Thursday, 14th November 2024 | $47000 = 82,225,551 Naira |
| US Dollars | Naira Equivalent (NGN) |
|---|---|
| 1 Dollars (USD) to Naira | 1,749.48 |
| 10 Dollars (USD) to Naira | 17,494.8 |
| 20 Dollars (USD) to Naira | 34,989.6 |
| 30 Dollars (USD) to Naira | 52,484.4 |
| 40 Dollars (USD) to Naira | 69,979.2 |
| 50 Dollars (USD) to Naira | 87,474 |
| 60 Dollars (USD) to Naira | 104,968.8 |
| 70 Dollars (USD) to Naira | 122,463.6 |
| 80 Dollars (USD) to Naira | 139,958.4 |
| 90 Dollars (USD) to Naira | 157,453.2 |
| 100 Dollars (USD) to Naira | 174,948 |
| 200 Dollars (USD) to Naira | 349,896 |
| 300 Dollars (USD) to Naira | 524,844 |
| 500 Dollars (USD) to Naira | 874,740 |
| 700 Dollars (USD) to Naira | 1,224,636 |
| 1,000 Dollars (USD) to Naira | 1,749,480 |
| 1,500 Dollars (USD) to Naira | 2,624,220 |
| 2,000 Dollars (USD) to Naira | 3,498,960 |
| 3,000 Dollars (USD) to Naira | 5,248,440 |
| 5,000 Dollars (USD) to Naira | 8,747,400 |
| 10,000 Dollars (USD) to Naira | 17,494,800 |
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.