The black market rate for 47880 Dollars to Naira is 75,018,384 NGN as of today, 05:03 AM WAT.
When you convert 47880 US Dollars to Nigerian Naira, you get 75,018,384 NGN, using the rate of 0.000638 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 |
|---|---|
| 47880 Dollars to Naira | 75,018,384 |
| 47880 Tether USD to Naira | 75,153,405.6 |
| 47880 British Pounds to Naira | 95,255,823.6 |
| 47880 Euros to Naira | 80,022,322.8 |
Last 7 days, 47880 USD was traded for 75,018,375 NGN, yesterday it went for 75,018,382.5 NGN, and today it averages 75,018,384 Naira. Here is the complete price chart in the last 7 days. Compare the daily prices for 47880 US Dollars against the Nigerian Naira, and the price movements for the week.
| Date | Conversion Rate |
|---|---|
| Saturday, 22nd March 2025 | $47880 = 75,018,384 Naira |
| Friday, 21st March 2025 | $47880 = 75,018,382.5 Naira |
| Thursday, 20th March 2025 | $47880 = 75,018,381 Naira |
| Wednesday, 19th March 2025 | $47880 = 75,018,379.5 Naira |
| Tuesday, 18th March 2025 | $47880 = 75,018,378 Naira |
| Monday, 17th March 2025 | $47880 = 75,018,376.5 Naira |
| Sunday, 16th March 2025 | $47880 = 75,018,375 Naira |
| US Dollars | Naira Equivalent (NGN) |
|---|---|
| 1 Dollars (USD) to Naira | 1,566.8 |
| 10 Dollars (USD) to Naira | 15,668 |
| 20 Dollars (USD) to Naira | 31,336 |
| 30 Dollars (USD) to Naira | 47,004 |
| 40 Dollars (USD) to Naira | 62,672 |
| 50 Dollars (USD) to Naira | 78,340 |
| 60 Dollars (USD) to Naira | 94,008 |
| 70 Dollars (USD) to Naira | 109,676 |
| 80 Dollars (USD) to Naira | 125,344 |
| 90 Dollars (USD) to Naira | 141,012 |
| 100 Dollars (USD) to Naira | 156,680 |
| 200 Dollars (USD) to Naira | 313,360 |
| 300 Dollars (USD) to Naira | 470,040 |
| 500 Dollars (USD) to Naira | 783,400 |
| 700 Dollars (USD) to Naira | 1,096,760 |
| 1,000 Dollars (USD) to Naira | 1,566,800 |
| 1,500 Dollars (USD) to Naira | 2,350,200 |
| 2,000 Dollars (USD) to Naira | 3,133,600 |
| 3,000 Dollars (USD) to Naira | 4,700,400 |
| 5,000 Dollars (USD) to Naira | 7,834,000 |
| 10,000 Dollars (USD) to Naira | 15,668,000 |
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.